|1.||This document contains a brief summary of the November 2017 edition of “Key Market Signals for the Dairy Industry”. Persons who are keenly interested in the dairy industry, are advised to also study the November 2017 edition of “Key Market Signals for the Dairy Industry”, as:|
- A brief summary cannot convey the details of the information on which the very brief summary is based and which are relevant to assess the historic and likely future trends in the international and South African dairy industries;
- A brief summary, viewed in isolation, can encourage over simplified interpretations of the complex market conditions which can misguide market forces and which can create imbalance between supply and demand, that is not in the interest of effective competition as envisaged by the Competition Act, the consumers of dairy products, the industrial users of dairy products and the South African dairy industry; and
- The performance (sales quantity and price) of each of the six different types of dairy products in the markets often differs due to very different factors and the performance of each of the six different types of dairy products can change within a short period of time. In a brief summary, these issues cannot be attended to in detail.
Click here to read the full report.