date:Nov 08, 2012
The International Dairy Federation (IDF) just released its World Dairy Situation 2012 report during the IDF World Dairy Summit taking place this week in Cape Town, South Africa. A key trend in the dairy industry the past decade has been increasing globalization. This has been driven by both the significant demand increases in many large, emerging economies and domestic agricultural policy reforms and international trade agreements that facilitate greater trade.
This report notes that 2011 was a