Selected Results of the IFCN Dairy Network Milk Prices and Costs of Milk Production in 2003

Torsten Hemme and Eva Deeken

No 24274, 15th Congress, Campinas SP, Brazil, August 14-19, 2005 from International Farm Management Association

Abstract: Within the IFCN Dairy Network milk prices and costs of milk production have been analysed from 31 countries for the year 2003. A wide diversity of milk prices between the countries could be observed with > 35 US-$/100 kg milk in Switzerland, Norway and Canada and < 15 US-$ in Argentina and Pakistan. Costs of milk production differ significantly between the countries, and within the countries as well. The highest costs of milk production (50 - 60 US- $/100 kg milk) are found in Switzerland and on average sized farms in the EU, the lowest costs in Argentina (10 - 15 US-$). For the future, a "world market price for milk," which was around 15 - 20 US-$/100 kg milk in 2003, is expected to be higher and might end at around 28 US-$.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Pages: 5
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ifma05:24274

DOI: 10.22004/ag.econ.24274

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