A dairy analyst expects slowing Chinese demand to not be as bearish for markets as previously forecast.
Ben Laine with Rabobank tells Brownfield the potential for a mild slowdown in dairy demand from China, the world’s largest importer, is likely as their stockpiles remain strong at the same time their domestic production is increasing heading into 2022.
“Right now it could be a relief valve because of how tight markets have been, a little bit of a slowdown in China might not be devastating to these markets,” he says.
