Market Update
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March 30, 2011
Dairy Market Update: Food Inflation and Retail Dairy Product Prices
By Bob Yonkers, Ph.D., IDFA Chief Economist Earlier this month the Food and Agriculture Organization (FAO) of the United Nations announced that the FAO Food Price Index for February 2011 had reached the highest level since January 1990, the inception date of this index. In addition to this aggregate food index, FAO publishes similar food price indices...
READ MORE ›› March 2, 2011
Dairy Market Update: Where Have All the Fluid Milk Drinkers Gone?
By Bob Yonkers, Ph.D., IDFA Chief Economist Annual estimated total fluid milk sales in 2010 declined by 1.40 percent from 2009, according to recently released data from the U.S. Department of Agriculture's Agricultural Marketing Service (AMS). This is the worst annual decline since AMS began publishing the monthly data series in 2000. Previously, the...
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