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How Leading International Dairy Companies Adjusted to Changes in World Markets

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  • Dobson, William D.
  • Wilcox, Andrew

Abstract

This Discussion Paper focuses on strategic adjustments made by leading international dairy firms in response to world market developments in the late 1990s and early 2000s. Firms whose strategies were analyzed include Fonterra, Nestle, selected other Western European companies (including the Kerry Group and Parmalat), Kraft Foods, Dairy Farmers of America, and Land O'Lakes. In part, the paper describes dairy industry success stories that have implications for a broader group of dairy companies. It also shows how even successful dairy firms have pursued strategies that expose the companies to significant risks. Strategic alliances entered into by the companies received emphasis in the study.

Suggested Citation

  • Dobson, William D. & Wilcox, Andrew, 2002. "How Leading International Dairy Companies Adjusted to Changes in World Markets," Discussion Papers 37655, University of Wisconsin-Madison, Babcock Institute for International Dairy Research and Development.
  • Handle: RePEc:ags:uwmbdp:37655
    DOI: 10.22004/ag.econ.37655
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    References listed on IDEAS

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    1. Dobson, William D., 2001. "Policy And Management Lessons For Dairy Exporters And Investors In Foreign Dairy-Food Businesses--What Did We Learn In The Past Decade?," 2001: International Trade in Livestock Products Symposium, January 2001, Auckland, New Zealand 14544, International Agricultural Trade Research Consortium.
    2. Dobson, William D. & Christ, Paul, 2000. "Structural Change In The U.S. Dairy Industry: Growth In Scale, Regional Shifts In Milk Production And Processing, And Internationalism," Staff Papers 12611, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    3. Dobson, William D. & Christ, Paul, 2000. "Structural Change in the U.S. Dairy Industry: Growth in Scale, Regional Shifts in Milk Production and Processing, and Internationalism," Staff Paper Series 438, University of Wisconsin, Agricultural and Applied Economics.
    4. William D. Dobson, 1990. "The competitive strategy of the New Zealand dairy board," Agribusiness, John Wiley & Sons, Ltd., vol. 6(6), pages 541-558.
    5. Dobson, William D. & Wagner, Jeffrey & Hintz, Rodney, 2001. "When Will U.S. Firms Become Major Dairy Exporters and Bigger Direct Investors in Foreign Dairy-Food Businesses?," Discussion Papers 37658, University of Wisconsin-Madison, Babcock Institute for International Dairy Research and Development.
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    Cited by:

    1. Dobson, William D., 2003. "Strategies for Developing Domestic and International Markets for Nicaragua's Dairy Products," Discussion Papers 37566, University of Wisconsin-Madison, Babcock Institute for International Dairy Research and Development.

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