New edition of Dairy Products China News featuring: New dairy cattle imports, progress on powder plants and New Control Measures for IMF Manufacturers
Official statistics reveal that China’s milk production continued to increase through 2021, showing growth in every quarter in comparison to the previous year. This trend has been fuelled by very strong milk prices locally and has continued during 2022, when the seasonal drop-off in Q1 was also slightly less than in 2021, -34% as against -36% in Q1 2021.
Future consolidation at producer level and on larger farms are certainties, writes Richard Field in this month’s edition of Dairy Products China News. The only question is at what rate this will occur? Undoubtedly the higher input costs this year will act as a catalyst in this process. This seems a fair and “directionally correct” assessment although we should bear in mind that all such numbers in all countries are questionable.
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