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Results of annual survey presented by the chair of the Standing Committee “Dairy Policies and Economics” at the IDF World Dairy Summit , October 2002.
The 2002 edition of the World Dairy Situation report includes the customary collation of figures and comments from IDF National Committees and other sources where such Committees do not exist. Contributions from the ZMP which, on behalf of IDF, continued its networking with other institutions working on the economy of the world dairy sector have significantly added to the publication.
Milk production, industrial milk processing, trade in dairy products, development of demand and consumption, prices for 2001 are presented, along with some dairy product information and forecasts for 2002. Country reports provided by experts from Member States, describing developments and sometimes subjective prognosis, are presented. The WDS Forum section comprises three papers: Prospects for world markets, critical analysis of the concept of producer subsidy equivalent, school milk: recent developments and emerging issues.