date:Apr 02, 2014
market research at the National Milk Producers Federation. No one really has dairy surpluses anymore.
Demand is expanding in China, the worlds most-populous nation, with 1.355 billion people, which overtook Japan as the second-largest economy in 2010. Chinas dairy imports probably rose 30% last year, Yvon Guerin, the chief executive officer of Parmalat SpA (PLT), an Italian dairy processor, said during a March 10 earnings call.
Huge Hole
Chinese dairies have been unable to keep pace with ris