We dusted off the jukebox to play the songs that best represent dairy foods and beverages. Our annual State of the Dairy Industry report examines the prospects for all dairy categories. Hit the play button on ‘Bread and Butter’ and see what’s happening in the butter category.
One result of the trend toward greater globalization in the dairy industry has been a narrowing of differences between dairy product prices in various countries. Certainly, domestic dairy policies here in the United States, and our willingness to enter into free trade agreements have resulted in a greater convergence of U.S. and world dairy market prices.