This Discussion Paper describes developments affecting Parmalat of Italy, once one of the world's leading dairy-food firms, which filed for bankruptcy protection in December 2003. After the bankruptcy, it was discovered that fraud on a massive scale had occurred at Parmalat, putting the firm in...

The termination of Australia's Domestic Market Support scheme for manufacturing milk producers and the end of state market milk (fluid milk) pricing regulations on June 30, 2000 made Australia's dairy industry arguably the most deregulated in the world. Australia's milk production will become...

This Discussion Paper focuses on strategic adjustments made by leading international dairy firms in response to world market developments in the late 1990s and early 2000s. Firms whose strategies were analyzed include Fonterra, Nestle, selected other Western European companies (including the...

This Discussion Paper shows that the demand for imported dairy products will continue to be strong in Mexico, especially after the 2001-2002 recession ends. However, Mexico's dairy markets have matured under the NAFTA. As part of the maturity, a larger number of strong domestic firms have...

This Discussion Paper provides a comprehensive description of longer-term trends for exports and world prices of dry milk products. The importance of U.S. exports of dry milk products is suggested by figures in the paper showing that in 2000, 17% of U.S. nonfat dry milk, 35% of dry whey, 47% of...

World Prices for Dairy Products Reach Unprecedented Highs from Short Supply and Strong Demand

Hot World Market For Milk Proteins Good News For U.S. Dairy Sector

U.S. dairy companies became more important exporters beginning in the mid-2000s when international and domestic developments changed the economic environment facing the U.S. dairy industry. This paper looks at five U.S. dairy firms and how their domestic and international strategies will...

This Discussion Paper summarizes (a) key elements of the competitive environment facing Ireland's dairy processors, (b) the overall dairy industry structure that has emerged in Ireland, and (c) the strategies of Ireland's dairy processing and exporting firms. The strategies employed by Ireland's...

This Discussion Paper provides an analysis of the structure of Argentine dairy and non-dairy food expenditures using a series of econometric models.