Driving the Dairy business Essay

In the article Driving the dairy business, Howard curse that, this article focuses on the impact of unprecedented solid food inflation to bakehouse and dairy products in the U.S. It cites that recent legal injury volatility fueled by a weak dollar, rising energy costs, consumer wariness, competitive pressure and other(a) factors is making it hard to market staples like bakery and dairy items, in the main fluid milk. According to the article, the weakening on the commodity in discontinue and nonfat dry milk drives the expenses for dairy in general.Application of the satisfy to my group project A friendship profile of Saputo Inc., which is engaged in manufacturing and marketing of dairy products like milk, cream, sour 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 statisti cs to illustrate the worst food inflation in nearly decades. Also , the author quote nigh famous person or the authority system said 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 font is that it will hurt the farmers in the short term so we may see further attrition in the agricultural community because of that lacking(p) items and pointsThe analysis of how to driving dairy business.Personal reflections on the articleAs the report noted, Smaller households atomic number 18 less likely to shop (a supermarket or convenience store) in-store bakery, in large part because they dont requisite to deal with waste or spoilage from products that are too hulky 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 Chopp er are moving prices down, boilers suit market prices are moving down with them. A lot of the vainglorious storesthe club stores, the large supermarkets and the mass merchandiserswill move their milk price each month, going up or going down