RECENT NEWS
newratings.com  Jul 18  Comment 
PARIS (dpa-AFX) - French diary giant Danone SA (DANOY.PK) has reached an agreement to acquire a 40% interest in Brookside Dairy Ltd.'s holding company. This partnership, which is effective from today, would significantly enhance the platform...
USDA NASS  Jul 3  Comment 
May 2014 Highlights...
The Hindu Business Line  Jun 19  Comment 
The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets the Amul brand of milk and dairy products, has won the World Dairy Innovation Awards-2014 for best marketing campaign ‘Eat...
The Times of India  Jun 12  Comment 
Subdued prices of vegetables, cereals and dairy products pushed down retail inflation to a three-month low of 8.28 per cent in May.
Wall Street Journal  Jun 11  Comment 
Consumers from Beijing to Boston are gobbling up more meat and dairy products, fueling multibillion-dollar mergers in the food industry and reshaping global agriculture.
MedPage Today  Jun 10  Comment 
(MedPage Today) -- Dietary guidance to reduce cancer risk has "sufficiently compelling" evidence to recommend avoidance of red meat, limited consumption of alcohol and dairy products, and increased consumption of fruits, vegetables, and soy...
Reuters  Jun 6  Comment 
Private equity firms Yunfeng Capital, founded by Alibaba Group Holding Ltd's Jack Ma, and CITIC Private Equity Funds Management (CITIC PE) have agreed to invest at least...
USDA NASS  Jun 4  Comment 
Total cheese output (excluding cottage cheese) was 950 million pounds, 2.2 percent above April 2013 but 1.4 percent below March 2014....
The Economic Times  May 20  Comment 
Rajasthan government plans to export milk and dairy products to Arab countries after fulfilling the local demand.
The Hindu Business Line  May 15  Comment 
Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets the Amul brand of milk and dairy products, on Thursday said it has registered the highest-ever growth of 32% to achieve tur...




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In the US, dairy has a farm value of production that makes it second only to beef. Despite increasing efficiency of production, domestic dairy demand has remained so high that US dairy farmers have found little incentive to export abroad. Significant export activity is limited to powdered milk and cheese to Mexico. But as seen in Chart 1, the US imports large quantities of dairy products, especially relatively expensive cheese products from the European Union.

Dairy prices are historically relatively stable. However, even small fluctuations in price can have a big effect on related companies. The USDA projects that a slight increase in the number of milk-producing cows and increasing milk production efficiency will result in a continued drop in domestic dairy prices.

The USDA forecasted the 2007 all milk price 10 cents higher than the earlier $19.05 prediction to $19.15. In 2008, the all milk price forecast is increased from $18.00 to $18.80. The minimum price of raw milk is regulated in most parts of the country by the government at $9.90, but ever since Cooperatives Working Together (CWT), a dairy farmers group, put into place initiatives in 2002 to control milk supply by retiring herds, milk price have shot up and have remained around $14.

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