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uggs boots ugg sale Dairy firm to milk int'l deman
increasing gap
growing populations, increasing incomes boosting protein-rich diets
"the world is a big place and there's going to be opportunities to partner with customers beyond just new zealand milk," ferrier said.
"there's enormous growth in dairy demand," ferrier said on tuesday. "not just per-capita consumption is going up, populations are going up as well."
bloomberg news
"we're seeing demand go up very,[url=]ugg uk[/url], very strongly," ferrier said. "imports,[url=]ugg boots ugg boots sale download[/url], although they're going to double we think,ugg boots clearance, you can see the increasing gap, and the increasing gap will be filled by locally produced chinese milk."
fonterra, with nz$16.7 billion in annual sales, sells milk, butter and cheese in 140 countries and accounts for almost 40 percent of global trade in dairy products.
rising incomes and expanding populations are fueling demand for protein-rich diets in emerging markets as global food prices tracked by the united nations climbed to a record in february.
india's imports of new zealand dairy products more than doubled to nz$162 million ($125 million) last year, according to government data supplied by fonterra.
according to fonterra cooperative group ltd, chinese demand for new zealand milk products last year surged more than fivefold from 2008 to about 353 million kilograms. the dairy company forecast that exports to china will more than double to $950 million by 2020,redmond a light a short cut reviews all the way t, from $400 million last year. [photo / bloomberg]
the company in october agreed to further develop a dairy farm in china's hebei province to expand local production. its farm at tangshan has doubled to more than 6,000 cows since it opened in 2007 and produces about 25 million liters of milk for local consumption.
wellington, new zealand - global demand for dairy products will jump in the next decade, led by surging consumption in china and india, according to fonterra cooperative group ltd, the world's largest exporter of dairy products.
whole-milk powder rose to an all-time high of $4,958 a ton last month, buoyed by demand from asia and concerns that dry weather in new zealand may curb supply.
chinese demand for new zealand milk products last year surged more than fivefold from 2008 to about 353 million kilograms, fonterra said.
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exports to china will more than double to $950 million by 2020,ugg clearance, from $400 million last year, according to the company's forecast.
2011-04-07 14:03:00.0phoebe sedgmandairy firm to milk int'l demanddairy,[url=]fake ugg boots[/url],china,milk,discount uggs,new zealand,[url=]ugg sale[/url],exports1811048827companies2@usa/enpproperty-->
china's dairy demand will expand by 36 million tons, almost tripling in value to $71 billion by 2020, fonterra chief executive andrew ferrier said at a conference in rotorua,[url=]ugg boots clearance more supervision on gov't spen[/url], new zealand. consumption in india will grow by 45 million tons,uggs boots, the company estimated.
while new zealand won't be able to meet the forecast expansion in global demand, with production growing 4 million tons by 2019, fonterra said on tuesday that it was planning "multiple" dairy farms in china and was evaluating the idea of building farms in india and south america.
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