date:Aug 02, 2013
s decade, IFCN Dairy Research Center estimates, although they remain above costs in New Zealand, China's top supplier.
IFCN says growth in Chinese imports could in theory soak up all of the extra supply it forecasts in the EU by 2020, or some 7.5 million tonnes in new milk output expected to come mainly from core producing regions like Ireland and a northern European coastal belt running from Denmark down to northwest France.
The EU is not alone in targeting China and a turbulent retail market