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European Association of Agricultural Economists >
108th Seminar, February 8-9, 2008, Warsaw, Poland >
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http://purl.umn.edu/48112
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| Title: | Managing Price Risk in a Changing Policy Environment: The Case of the EU Dairy Industry |
| Authors: | O'Connor, Declan
Keane, Michael
Barnes, Edel |
| Keywords: | Dairy
Risk Management
EU
US |
| Issue Date: | 2008 |
| Abstract: | The EU dairy industry faces an unprecedented level of change. The anticipated removal
of milk quotas and the move to a less restricted global trade environment will provide the
industry with both opportunities and challenges. The primary challenge will be the need
for the industry to deal with more volatile prices. Active management of the risks
associated with these more volatile prices will help to place the industry in a more
competitive position. However this will require the industry and policy makers to
embrace a new set of tools. For example the US dairy industry has been much more
active in the management of risk and lessons from their experience provide a valuable
insight into which tools may be more appropriate in an EU context. |
| URI: | http://purl.umn.edu/48112 |
| Institution/Association: | European Association of Agricultural Economists>108th Seminar, February 8-9, 2008, Warsaw, Poland |
| Total Pages: | 12 |
| Collections: | 108th Seminar, February 8-9, 2008, Warsaw, Poland
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| Managing price risk in a changing policy environment_ the case of the EU dairy industry.pdf | | 115Kb | PDF | View/Open |
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