International Dairy Model

The FAPRI International Dairy Model examines and projects the area, production, usage, stocks, prices, and trade for fluid milk, butter, cheese, nonfat dry milk, and whole milk powder for several countries and regions of the world (listed below). More about model structure...

Dairy Outlook Summary

World milk production grows 1.7% annually over the next decade, with the most rapid growth occurring in China, India, Argentina, Brazil, Uruguay, Australia, and New Zealand. Despite a rising availability of milk in many importing countries, dairy product trade expands substantially for the next decade, especially of cheese, which increases 30%. As implementation of CAP reforms leads to stagnation in EU butter and NFD exports, Australia, New Zealand, Argentina, the U.S., and India expand to compensate for the reduction in international supplies from the EU. Strong demand driven by income growth, population growth, and urbanization, along with gradual growth in global supplies, puts upward pressure on prices over the baseline.

World Dairy Outlook Text 125 KB

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Contact Person:
Fengxia Dong
International Dairy Analyst
571 Heady Hall
Telephone: 515-294-0470
Fax: 515-294-6336
fdong@iastate.edu

Commodity and Country Coverage
Butter		Cheese
	Argentina Australia Brazil Bulgaria Canada China Colombia Egypt European Union - 15 European Union New Member States India Indonesia Japan Malaysia Mexico New Zealand Peru Philippines Romania Russia South Korea Switzerland Thailand Ukraine United States Uruguay Venezuela Vietnam Rest of World		Argentina Australia Brazil Bulgaria Canada China Colombia Egypt Estonia European Union - 15 European Union New Member States Indonesia Japan Malaysia Mexico New Zealand Peru Philippines Romania Russia South Korea Switzerland Thailand Ukraine United States Uruguay Venezuela Vietnam Rest of World
Nonfat Dry Milk		Whole Milk Powder
	Argentina Australia Brazil Bulgaria Canada China Colombia Egypt European Union - 15 European Union New Member States India Indonesia Japan Malaysia Mexico New Zealand Peru Philippines Romania Russia South Korea Switzerland Thailand Ukraine United States Uruguay Venezuela Vietnam Rest of World		Argentina Australia Brazil Bulgaria Canada China Colombia Egypt European Union - 15 European Union New Member States Indonesia Malaysia Mexico New Zealand Peru Philippines Romania Russia South Korea Thailand Ukraine Uruguay Venezuela Vietnam Rest of World