Milk Output Expansion Poised to Spur 5-Year World Surplus
date:Jul 14, 2014
. The country also relies on imported feed and faces challenges from land and water availability, biosecurity and high domestic production costs, making self-sufficiency difficult, according to Rabobank.

Milk Solids

Even as China increases purchases of dairy from cheese to baby formula, the slowest expansion since 1990 may curb growth in demand. Gross domestic product will slow to 7.4 per cent this year from 7.7 per cent in 2013, according to economist estimates compiled by Bloomberg. Demand m
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