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U.S. Dairy at a Global Crossroads

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Author Info

  • Blayney, Donald P.
  • Gehlhar, Mark J.
  • Bolling, H. Christine
  • Jones, Keithly G.
  • Langley, Suchada V.
  • Normile, Mary Anne
  • Somwaru, Agapi

Abstract

Current dynamics in world dairy markets and the potential for global and domestic trade policy reform are bringing the U.S. dairy sector to a new crossroads as it faces competitive forces from outside its borders. Those forces—demand for new products by consumers in industrialized countries, changes in technology, rapid economic growth in emerging developing countries, particularly in Asia, and the increasing role of multinational firms in domestic and global dairy markets—are leading to increased dairy consumption, more opportunities for dairy product trade, and foreign direct investment benefiting both U.S. consumers and producers. As global demand for milk and new dairy products expands, the roles of policies that support prices are diminishing, while the roles of flexibility and innovation aimed at improving competitiveness are growing.

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Bibliographic Info

Paper provided by United States Department of Agriculture, Economic Research Service in its series Economic Research Report with number 7209.

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Date of creation: 2006
Date of revision:
Handle: RePEc:ags:uersrr:7209

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Related research

Keywords: International dairy markets; dairy trade; dairy policy; tariffs; production quotas; foreign direct investment; cheese; butter; dry milk powders; Agribusiness; Livestock Production/Industries;

References

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  1. Langley, Suchada V. & Blayney, Donald P. & Stout, Jim & Somwaru, Agapi & Normile, Mary Anne & Miller, James J. & Stillman, Richard, 2003. "A Trade Liberalization In International Dairy Markets," 2003 Annual meeting, July 27-30, Montreal, Canada 21997, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  2. Gibson, Paul R. & Wainio, John & Whitley, Daniel B. & Bohman, Mary, 2001. "Profiles Of Tariffs In Global Agricultural Markets," Agricultural Economics Reports 34055, United States Department of Agriculture, Economic Research Service.
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Citations

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Cited by:
  1. Marin Bozic & Brian W. Gould, 2009. "Has Price Responsiveness of U.S. Milk Supply Decreased?," Working Papers 0902, The Institute of Economics, Zagreb.
  2. Dobson, William D., 2008. "The Future Role of the U.S. in World Dairy Markets," Discussion Papers 37245, University of Wisconsin-Madison, Babcock Institute for International Dairy Research and Development.
  3. Moreira, Victor H. & Bravo-Ureta, Boris E. & Dunner, Roberto & Vidal, Ricardo, 2012. "Total Factor Productivity Change in Dairy Production in Southern Chile: Is Farm Size Significant?," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126895, International Association of Agricultural Economists.
  4. Somwaru, Agapi & Dirkse, Steve, 2012. "Dynamic PEATSim Model: Documenting Its Use in Analyzing Global Commodity Markets," Technical Bulletins 129359, United States Department of Agriculture, Economic Research Service.

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