Exports key to ensuring high price for milk

Controlling the cost of milk production in Ireland may be the key to finding markets for products made from Ireland’s extra milk after 2015— more important than milk price, according to the International Farm Comparison Network.

Who else will be fighting for their share of the Chinese market? Over the next 10 years, a global increase of milk production of around 2.3% per year is predicted by Torsten Hemme of the International Farm Comparison Network.

But the main growth will be seen only in a limited number of areas — India, Africa, and South America.