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VN dairy producers pour money into liquid milk projects

February 23 2015

Vietnam - Analysts say dairy market growth comes mostly from powdered and liquid milk products which make up 74 percent (with revenue of VND45.9 trillion) of the total market value. There appears to be little room for Vietnamese dairy producers in the powdered milk market, where foreign brands account for 75 percent of the market share..Read more

China Exclusive: Will China become cash cow for Australia's dairies?

February 16 2015

China - NANNING, Feb. 15 (Xinhua) -- Australian dairies are preparing an onslaught on China's market, now that a free trade deal has made things easier for them. The free trade agreement means China will eliminate a 5 percent tariff on Australian milk formula within four years and the 9 percent tariff on liquid milk will go within nine years..Read more

Has dairy turned the corner?

February 16 2015

New Zealand - Lakeland Dairies chief executive Michael Hanley is expressing a degree of cautious optimism regarding the immediate prospects for the milk sector. “Without doubt, we are in a different place now compared to the pretty dire situation which the industry found itself in before Christmas,” he said..Read more

India expects to start deliveries of milk and meat to Russia by the end of this year

February 16 2015

India - India is hoping that her companies will start deliveries of meat and dairy products to Russia sometime this year. The TASS correspondent learned from a source in the Indian Ministry of Commerce and Industry. The news agency’s source noted that the Federal Service for Veterinary and Phytosanitary Surveillance of the Russian Federation (Rosselkhoznadzor)..Read more

Milk Prices Could Return to $18 in 2015

February 16 2015

Here’s why dairy economist Sara Dorland believes dairy prices could rebound after June. Pushed lower by the world's surging milk supply, Class III prices are likely to continue falling until June, when they will begin rebounding to reach the $18 level by October. A re-balancing of supply and demand will spur the return of higher milk prices in the second half of 2015,..Read more

China dairy imports reach record levels in 2014

February 16 2015

China - There was strong growth in liquid milk, cheese and butter while imports of whey powders fell slightly, according to Bord Bia. Demand for imported dairy is expected to increase in 2015, with Chinese farmers struggling to compete with foreign prices. China’s dairy demand is growing in line with urbanization trends..Read more

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