FrieslandCampina tanker© FrieslandCampina
One of the world’s largest dairy co-operatives, FrieslandCampina, has forecast global milk production to continue to fall in the second half of this year. However, world demand would only grow modestly during the same period, said the Dutch giant in its half-year financial report. Reduced purchasing power in many oil-exporting countries, lower Chinese appetite for dairy and Russia’s continued import ban, were identified as reasons for the restrained demand. See also: Why this recovery is the real deal UK milk production […]
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