When the history of the U.S. dairy industry is written, the highlights of the chapter on globalization circa 1995 to 2015 will include milestones like the cap on European Union export subsidies, the opening of Mexico under NAFTA, the increase in dairy consumption as the middle class has grown in emerging markets, and the China melamine crisis.
Now you can add the birth of the U.S. whole milk powder (WMP) industry to the mix of the most significant, game-changing developments of the last 20 years.