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A glass of milk could soon cost a lot less due to China's economic slump. Whole milk powder prices slumped to a three-year low as Chinese demand for dairy products slides.
Prices for whole-milk powder, meanwhile, are up about 14% from a year earlier. They began climbing earlier, thanks to rising global consumption of foods that contain higher amounts of natural fat.
To meet China's demand for cheap animal protein, dairy-producing countries like the U.S., European Union, and New Zealand have retooled operations to make massive amounts of powdered milk for ...
World 26 tons of toxic milk powder found, 7 arrested, as China continues to battle tainted food Associated Press Published September 20, 2010 6:07am EDT | Updated November 17, 2014 1:56pm EST Facebook ...
In 2013, China's purchase accounted for two-third of the world milk powder market, which covered 54% of its needs, at the cost of $16.34 billion.
China seizes more melamine-tainted milk powder By Reuters February 7, 20107:28 PM PSTUpdated February 7, 2010 ...
China’s Inner Mongolia Yili Industrial Group is setting up a milk-powder factory in Kansas with Dairy Farmers of America Inc., building out its year-old strategic alliance with the U.S ...
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