“Driven by a combination of climate change, trade policies and competition for cattle feed from biofuel producers, global milk prices have doubled over the last two years. In parts of the
“There’s a world shortage of milk,” said Philip Goode, manager of international policy at Dairy
But the biggest force driving up milk prices is the same one that has driven up prices for conventional commodities like iron ore and copper: a roaring global economy. Rising incomes in emerging economies from
It turns out that, along with zippy cars and flat-panel TVs, milk is the mark of new money, a significant source of protein that factors into much of any affluent person’s diet.”
How does this affect you Mr. and Mrs.
Yes, milk is popular again and this time there is a global Thirst for Milk!