![]() ![]() According to Civil Eats website, which tracks rural communities and food production across US, only in New York, more than 16,000 dairy farmers left the business between 20. In the US alone, thousands of dairy farmers have left the business due to loss. Millions of small and marginal farmers across the globe have gradually been pushed out of the dairy market. (see tables)ĭairy markets have been suffering depression in prices since 2015 due to glut in the international dairy market. There is also a huge stockpile of skimmed milk powder or dry milk. ![]() This is the biggest stockpile of cheese in more than a century.Ĭheese has low shelf-life, and its quality starts declining if it’s stored for over a few weeks-leading to depreciation in both price and quality of the product. It says further that if tariffs remain in place till 2023, US Dairy farmers could lose up to $12.2 billion.Īccording to dairy consulting firm CLAL, the stockpile of US cheese stored in cold-storage and warehouses, was 1.4 billion pounds last year. This trade war has hit US farmers and led to a significant reduction in export of cheese.Īn analysis by US Dairy Export Council (USDEC), a trade lobbyist body for US dairy producers, states that tariffs on some dairy products reached as high as 45 per cent, putting US dairy at a competitive disadvantage compared to the European Union (EU), Australia and New Zealand. For consumers, this will mean cheaper but less nutritious products. Of course, for the US dairy sector this is a welcome news.ĭepressed international prices, rising cost of production and the trade wars with China and Mexico have led to an overwhelming increase in the reserves of US cheese.Ĭhina and Mexico-among the largest consumers of US dairy products-have increased tariffs on the same by 20 per cent and 28 per cent respectively. Such cheese will be cheaper than what is available now, potentially affecting domestic dairy producers. ![]() The country has opened its markets for American dairy products-an invitation for aged, made-in-United-States cheese to flood the market. Like your cheese? Soon you may like it less, in case you buy in India. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |