Japan: Dairy and Products Annual

Commodities

Japanese raw milk production is forecast to contract slightly in 2018 due to declining numbers of cows in milk and heat stress during an exceptionally hot summer. Growing fluid use consumption will divert limited raw supplies away from factory use, leading to lower production of butter, nonfat dry milk, and cheese. Sustained consumption of processed dairy products will push imports of all three commodities upward. In 2019, Holstein herd replenishment is expected to boost raw milk production with the bulk of new output going to factory use, thereby limiting import demand for processed products.

Japan: Dairy and Products Annual