With dwindling domestic supplies, China’s move to buy up huge quantities of milk from international markets is having a significant impact on buyers in other countries, while also bolstering dairy prices across the world.
In a bid to develop modern dairy farming practices in China, Nestlé China has joined forces with local government, investors and farmers to create a training institute in Shuangcheng, in the Heilongijiang province.
A German fund is buying up acres of New Zealand farm land meant for dairying, saying that its is extremely bullish on that sector in the country, thanks to the spiking demand from developing economies.
A new report raises serious doubts about the future prospects of Australia’s dairy exports, citing various reasons why the country's production levels will not be able to keep pace with demand for dairy.
New Zealand farmers continue to step up milk production following a
bumper year for their exports, though the country's long-term
status as a low cost dairy producer could be under threat,
according to the US Department of Agriculture...
Australian dairies will drum up A$15 million in funding over the
next three years to support a new innovation centre that will be
tasked with finding ways to better compete with a challenging