China: Dairy and Products Annual
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China’s milk production is forecast to increase by 4.5 percent to 34.5 MMT in 2021, largely because of improved productivity. Despite market disruptions due to Covid-19, the country’s milk production and consumption have quickly recovered. The import of dairy products and dairy ingredients are expected to increase as well, driven by consumer demand and requirements for the food processing industry. The United States will likely see dairy exports, especially skim milk powder (SMP), cheese, and whey powder, increase following the implementation of Section 301 tariff exclusions.