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With China's admission into the WTO, there is the potential for dramatic increases in U.S. agricultural exports to China. As China's economy continues to develop, there is general consensus that there will be an associated change in the population's diet. Currently, dairy products account for a...
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This Discussion Paper provides a comprehensive description of longer-term trends for exports and world prices of dry milk products. The importance of U.S. exports of dry milk products is suggested by figures in the paper showing that in 2000, 17% of U.S. nonfat dry milk, 35% of dry whey, 47% of...
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The Uruguay Round World Trade Organization (URWTO) agreement and the North American Free Trade Agreement (NAFTA) created both benefits and costs for dairy farmers. The URWTO agreement benefits include border protection that helped to keep U.S. prices for cheddar cheese, butter, and nonfat dry...
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The answer to the question posed in the title is arguably, yes. U.S. firms appear to be well positioned to profitably expand exports of highly differentiated dairy products and selected dairy ingredients, especially dried whey products. However, U.S. bulk cheese, butter and nonfat dry milk...
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