Date: September, 2007
Abstract: Strong demand growth, structural reductions in production and a series of more temporary shocks to supply, sent the price of internationally traded dairy commodities to unprecedented levels, smashing previous price records.
This seismic shift in the market has had major repercussions for all involved in the dairy supply chain: generating record farm gate prices in many regions, market opportunities for exporters, and headaches for end users of increasingly costly dairy inputs.
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Research Type: Australia/New Zealand Global Focus