date:Feb 29, 2016
inated last spring, EU output growth is expected to slow after the initial post-quota surge, notes Sharp. However, Indias milk surge is nowhere near a plateau, she adds.
To illustrate, EU producers added 364,000 milk cows since the end of 2013. In 2016, USDA expects the total number of EU milk cows to decline slightly to 23.55 million head. In contrast, Indias milk cow numbers grew by 4.25 million head from the end of 2013 to the end of 2015, and USDA expects Indian dairy producers to add anoth