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Growing Global Dairy Demand Sets Stage for US, EU, Oceania Competition

Posted 12/8/2017

A growing global demand for milk, coupled with increased production in the U.S., the EU and Oceania, will create aggressive competition for new markets in the future, according to a new report from CoBank’s Knowledge Exchange Division.

The regions of the world with the most demand growth are also regions where the conditions are unfavorable or challenging for milk production.

“As global demand for dairy products grows, the established dairy exporters will rely on and fiercely compete for new markets,” said Ben Laine, senior economist with CoBank. “While all exporters will benefit from global demand growth, the EU stands to extend its reach furthest into these markets barring any major shifts by the U.S. to a global market focus.” Read more...

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