Tuesday, December 29, 2009

Relationships

Barry Wilson publishes a very good "Dairy Industry Newsletter" (DIN)from England. Subscription rates in the U.S. are a mere $790/year. An on-line edition is available for $1000/year.

In the December 8, 2009 edition DIN states, "Chinese imports of dairy products from world markets have soared this year."

A table shows October 2009 and November 08 - October 09. Whole milk powder increased 340%in the year and increased 260% in October 2009. Skim milk powder(SMP), which is essentially NFDM standardized to a fixed protein level, increased 18% in October 2009.

Meanwhile, USITC database shows U.S. exports to China of SMP, Jan-October 2009 have fallen 67% when compared to the same period in 2008.

Fonterra is, no doubt, the lead supplier. There is talk of a trade deal with the U.S that would give N.Z. (Fonterra)special trade privileges. Seems like that is already in place.

2 comments:

  1. All the crap we buy from China and we can't get them to buy dairy from the US over NZ? Sounds like a good deal, let's keep it up.

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  2. Maybe our government doesn't want us to to let them have it. It might make our consumers have to pay too much for dairy products.Then us producers might make a proffit.

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