Long-term Analyses of Milk and Dairy Markets

How do the milk markets develop? What influence do political and economic factors have on the supply and the demand of milk and dairy products? What are the driving factors in domestic and international trade in dairy products?

Background and Objective

On 1st April 2015 the milk quota was abolished. The world market becomes more and more important in terms of domestic price formation. Therefore, the interaction between producers, processors, retailers and consumers is becoming more complex. In order to assess current market outcomes, we need to better understand interrelationships and effects of different factors and drivers to develop possible options for a detailed advice to policy makers.

Target Group

Producers, Processing industries, Consumers, policy makers, economic associations.

Approach

Continuous market monitoring and collecting data is the basis of our analyzes and assessments. We build our work on long time series; we identify significant market drivers and derive possible trends.

Data and Methods

Based on descriptive statistics, econometric models or surveys we analyse and explain market developments in the area of milk and dairy markets.

Our Research Questions

• What are the determining drivers of milk and dairy markets?
  
  
• How do policy changes affect supply and demand of milk and dairy products?
  
  
• How do global markets impact German milk producers, processors and consumers?
  
  
• How does the price formation develop along the value chain in dairy industries?

Thünen-Contact

• Weber, Sascha Institute of Market Analysis

Duration

Permanent task 1.2014 - 12.2022

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