Hang on, dairy farm owners. The federal government is sending aid. The much talked about, much debated, and much anticipated 2010 Agriculture Appropriations Bill is at this writing sitting on the President’s desk awaiting his signature. In it, over $350 million has been allocated for emergency aid to dairy farmers, with $290 million of it going directly into farmers’ hands. And $60 million will allow the government to buy surplus dairy and cheese, which will be funneled into food banks and government nutritional programs.

 But before we get too far ahead of ourselves, let’s examine what that means to you individually. At present, dairy farmers are paid under one-half of their productions costs for dairy products. The existing Milk Income Loss Contract is help for bad times, but it hasn’t been able to scratch the surface of the market’s current disastrous conditions.

 Under the new, additional plan, money has yet to be allocated, but suggestions are that there could be a per-cow or a regional distribution model set up in an attempt to ensure that all dairy farmers receive relief.

 What isn’t certain is how much you will end up with once the checks have been written. At the moment, the dairy industry is leaking money as dairy farmers try desperately to find ways of producing to government standards in cost-effective ways.

 What isn’t covered is personal losses that dairy farmers may incur as a result of doing business. Should your equipment fail, should fire or chemical spills befall the business, the government program will not respond. What will respond is a customized dairy farm insurance package. Besides personal liability, dairy farm insurance coverage will cover your operations up to and including any damage to the milk as it’s being transported to market.

 If you’re unsure if government appropriations and your insurance plan adequately address all your risks, give us a call. We’ll be happy to go over both plans with you and give you more insight into the appropriations bill and how that affects you.

Watch the video related to dairy cows

Farmers on tractors brought traffic to a standstill on Monday in Brussels, where EU farm ministers were meeting to discuss giving aid to the dairy industry. Duration: 00:34

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The FMCG Industry

The FMCG industry, or alternatively named CPG, abbreviation for Consumer Packaged Goods, deals mainly with the production, distribution as well as marketing of packaged goods for all consumers.

The Fast Moving Consumer Goods (FMCG) has to do with those consumables which are regularly being consumed. Among the first activities of the FMCG industry there is selling, marketing, financing, purchasing, and so on. Recently this industry has also launched in operations, supply chain, production, general management, etc.

The wide range of consumable goods provided by the FMCG industry turns over a large amount of money, while competition among FMCG manufacturers is become more and more fierce. Investors are putting more and more into the FMCG industry, especially in India, where the FMCG industry is the fourth largest sector, having a total market size of more than US$13.1 billion, and still estimated to double by 2010. In New Zealand as well, the FMCG industry accounts for 5% of Gross Domestic Product (GDP).

Some common FMCG product include food and dairy products, glassware, paper products, pharmaceuticals, electronics, plastic goods, printing goods, household products, photography, drinks etc, so here coffee, tea, greeting cards, gifts, detergents, soaps etc are all included.

The factors that made the FMCG industry a highly competitive one are low operational cost, solid distribution networks, and emergence of new FMCG companies. In addition, the growth of the world’s population is another responsible factor for the huge success of this particular industry. Some of the leading FMCG companies all over the world are Sara Lee, Nestlé, Unilever, Procter & Gamble, Coca-Cola, Carlsberg, Kleenex, General Mills, Mars etc.

Not only does it provide the necessary goods for day to day life, but the FMCG industry has also created tremendous job opportunities and careers. It is a stable, varied, and highly profitable industry, and the jobs it provide range from sales, supply chain, finance, marketing, operations, human resources, development, general management, and so on.

Recruitment has also grown together with the growth in the FMCG sector:

· The working force within FMCG manufacturing in the UK accounts for 14% of the total workforce in UK;

· Sales in the FMCG industry accounted for £14.5 billion in 2000, spent on non-food UK products alone, in grocery retail sectors in UK;

· In 2000 the non-food FMCG market in UK, raised to £110 billon.

Including sectors such as Food, Drink and Pharmaceutical the output registered by FMCG accounts for 19% of the UK’s GDP.

Watch the video related to dairy industry

French food giant Danone turns 90 this year. The international brand dominates the dairy industry, but the company has humble origins. In the current economic crisis, Danone thinks it’s got a recipe for success — milking its long past of innovation for future growth.

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I have studied economics for years and love to write about economic trends and conditions. I write for www.economywatch.com and www.economypedia.com.