Results of annual survey presented by the chair of the Standing Committee “Dairy Policies and Economics” at the IDF World Dairy Summit, September 2003.
The 2003 edition of the World Dairy Situation report includes the customary collation of figures and comments from IDF National Committees and other sources where such Committees do not exist. Contributions from the ZMP which, on behalf of IDF, continued its networking with other institutions working on the economy of the world dairy sector have significantly added to the publication.
Milk production, industrial milk processing, trade in dairy products, development of demand and consumption and prices for 2002 are presented, along with some dairy product information and forecasts for 2003. Country reports provided by experts from member states, describing developments and sometimes subjective prognosis, are presented. The WDS Forum section comprises four papers: OECD and EU projections on agricultural markets, EU enlargement and dairy markets, EU dairy reform decisions and beyond butter, cheese and powder: non-traditional dairy products: facts, implications and challenges.