RECENT NEWS
USDA NASS  Jul 6  Comment 
Total cheese output (excluding cottage cheese) was 1.05 billion pounds, 4.0 percent above May 2016 and 0.8 percent above April 2017....
BBC News  Jul 6  Comment 
The boss of dairy chain Arla says the UK may run short of dairy products this Christmas.
Japan Today  Jul 1  Comment 
A broad agreement on an envisioned free trade agreement remained out of reach for Japan and the European Union on Saturday after two days of high-level talks, with…
The Hindu Business Line  Jun 30  Comment 
Dairy products company Heritage Foods Limited has announced its decision to pass on tax benefits to its consumers in the GST regime. As the nation gears up for the most anticipated tax regime since...
MedPage Today  Jun 6  Comment 
(MedPage Today) -- Some bacteria even resistant to colistin
USDA NASS  Jun 5  Comment 
Total cheese output (excluding cottage cheese) was 1.04 billion pounds, 3.7 percent above April 2016 but 2.1 percent below March 2017...
The Hindu Business Line  May 13  Comment 
The Gujarat Co-operative Milk Marketing Federation (GCMMF), that owns and markets dairy products under the brand Amul is aiming to emerge as India’s largest FMCG company by 2018-19.According to RS So...
DailyFinance  May 10  Comment 
Filed under: News, Discovery - Health, Science & Tech Every year, about 750 people get sick because of contaminated dairy products, with a couple dozen of them ending up in the hospital. And new research from the Centers for Disease Control...
USDA NASS  May 4  Comment 
Total cheese output (excluding cottage cheese) was 1.06 billion pounds, 3.3 percent above March 2016 and 12.7 percent above February 2017....
The Hindu Business Line  May 4  Comment 
Dairy products manufacturer Parag Milk Foods Limited has launched a mango drink, Slurp. The product will be available in Chennai, Mumbai, Delhi and Kanpur, and will be rolled out pan-India after thre...




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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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