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When Will U.S. Firms Become Major Dairy Exporters and Bigger Direct Investors in Foreign Dairy-Food Businesses?

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  • Dobson, William D.
  • Wagner, Jeffrey
  • Hintz, Rodney

Abstract

The prospects for substantially expanded dairy exports by U.S. firms are not bright for at least the current decade. The exceptions relate to exports of dried whey, whey fractions, dairy blends, selected specialty dairy products and nonfat dry milk. U.S. dairy exports are likely to continue to be low because U.S. prices for bulk dairy products are sharply higher than world prices. Unlike the situation for dairy exporting, the barriers to foreign direct investment by U.S. firms appear less daunting. The prevalence of successful foreign direct investments by the foreign firms described here suggests that a larger number of U.S. firms could engage in such investments successfully.

Suggested Citation

  • Dobson, William D. & Wagner, Jeffrey & Hintz, Rodney, 2001. "When Will U.S. Firms Become Major Dairy Exporters and Bigger Direct Investors in Foreign Dairy-Food Businesses?," Discussion Papers 37658, University of Wisconsin-Madison, Babcock Institute for International Dairy Research and Development.
    • Handle: RePEc:ags:uwmbdp:37658
    DOI: 10.22004/ag.econ.37658
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    References listed on IDEAS

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    1. Dobson, William D. & Wagner, Jeffrey, 2000. "The Deregulation and Rationalization of Australia's Dairy Industry-Implications for the U.S. and World Dairy Industries," Discussion Papers 37661, University of Wisconsin-Madison, Babcock Institute for International Dairy Research and Development.
    2. Dobson, William D., 1998. "The New Zealand Dairy Board: Will the Board's Monopoly Exporting Privilege Survive," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 13(1), pages 1-6.
    3. Dobson, William D., 1998. "Why Most Small and Mid-Sized Agribusinesses and Cooperatives Don't Export - Implications for the U.S. Dairy Industry," Marketing and Policy Briefing Papers 12729, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    4. Dobson, William D., 2001. "Policy And Management Lessons For Dairy Exporters And Investors In Foreign Dairy-Food Businesses--What Did We Learn In The Past Decade?," 2001: International Trade in Livestock Products Symposium, January 2001, Auckland, New Zealand 14544, International Agricultural Trade Research Consortium.
    5. Wagner, Jeffrey & Chandera, Yane & Dobson, William D., 2000. "The Evolution of Ireland's Kerry Group/PLC-Implications for the U.S. and Global Dairy-Food Industries," Discussion Papers 37660, University of Wisconsin-Madison, Babcock Institute for International Dairy Research and Development.
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    Cited by:

    1. Dobson, William D. & Wilcox, Andrew, 2002. "How Leading International Dairy Companies Adjusted to Changes in World Markets," Discussion Papers 37655, University of Wisconsin-Madison, Babcock Institute for International Dairy Research and Development.
    2. Wolf, Christopher A. & Tonsor, Glynn T., 2012. "Dairy Farmer Preferences for 2012 Farm Bill," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124866, Agricultural and Applied Economics Association.
    3. Wolf, Christopher A. & Tonsor, Glynn T., 2013. "Dairy Farmer Policy Preferences," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 38(2), pages 1-15, August.

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