Driving the Dairy business Essay

In the article Driving the Dairy business, Howard assert that, this article focuses on the opposition of unprecedented food inflation to bakery and dairy farm products in the U.S. It cites that recent price volatility provide by a weak dollar, rising energy costs, consumer wariness, competitive pressure and other factors is making it touchy to market staples like bakery and dairy items, primarily fluid milk. According to the article, the weakening on the good in cheese and nonfat dry milk drives the prices for dairy in general.Application of the content to my group project A company profile of Saputo Inc., which is engaged in manufacturing and marketing of dairy products like milk, cream, off cream, yogurt and cottage cheese, is presented. An overview of the company is given, along with key facts including contact information, number of employees and revenues. Positive aspects of the articleIn the article , Howard use the specific numbers and statistics to illustrate the worst food inflation in around decades. Also , the author quote some famous person or the authority system verbalize Dairy is a staple item that has been subjected to some record retail price points. That is now softening, which whitethorn be good news for the consumer. The flip side is that it will hurt the farmers in the short terminus so we may see further attrition in the agricultural community because of that Missing items and pointsThe abstract of how to driving dairy business.Personal reflections on the articleAs the report noted, Smaller households argon less(prenominal) likely to shop (a supermarket or convenience store) in-store bakery, in large part because they dont insufficiency to deal with waste or spoilage from products that are too big for them to consume. As the categories in cheese and nonfat dry milk are weakened on the commodity side it ultimately drives the prices for dairy in general. If the larger stores like Costco, Wal-Mart and Price Chopper are moving price s down, overall market prices are moving down with them. A lot of the big storesthe club stores, the large supermarkets and the mass merchandiserswill apparent movement their milk price each month, going up or going down