Date: October, 2004
Abstract: The competitive landscape of milk production in the United States (US) is changing. The trend in US dairy farming points towards fewer, larger and more specialized dairies as well as the emergence of new production areas. Lower production costs that mostly leverage on location, operating and ownership aspects are resulting from the combination of all these structural changes.
After the European Union (EU) and India, the US is the world’s third largest milk producer. In terms of...
Research Type: Industry Note