Talk of an emerging global price for milk, debate over whether dairy market liquidity is good or bad, consideration of Federal Milk Marketing Order reform in thenext Farm Bill and concerns over another global recession — could there be any more factors at play for U.S. dairy processors when attempting to get a handle on the global market?
How about the increasingly volatile weather, the on-again/off-again global economy and the long-term effects of growing demand in emerging markets, for everything from infant formula to cheese-laden pizzas?
As dairy processors and manufacturers manage in this complex, global environment, all signs point to increased volatility of dairy markets. In fact, managing price volatility has the potential to be such a game-changer that it was identified as one of the seven priority programs in the “Globalization Report” prepared by Bain & Co. and commissioned by the Innovation Center for U.S. Dairy.
Customers confounded by the U.S. market