Chinese thirst for dairy products brings hope for EU farmers
date:Aug 02, 2013
s and 5,000 jobs, lending support to an Irish economic recovery.

As well as appealing to Chinese buyers in search of wholesome rural settings, the EU's pasture-based dairy regions are increasingly competitive internationally as rising prices of cereal and oilseed feed make non-grass rearing more expensive.

Milk production costs in major EU countries are now close to U.S. levels, after higher grain prices and a lower euro eroded a 20-30 percent advantage enjoyed by U.S. producers in the previou
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