In 2007, U.S. diary exports rose 300 per cent from 2006. This paper discusses the international market factors that led to this large increase and then projects exports for 2008 based on these changing factors. The paper also discusses trade agreements both in effect and proposed and how these...

This Discussion Paper explores the value of U.S. dairy exports and imports in 2006. It also looks at the influence the ongoing negotiations under the Doha Round of the WTO will have on trade in the long-run and the prospects for reaching a world trade agreement prior to expiration of U.S. "fast...