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Home » Think of China as a dairy trader, not as a producer or buyer
Think of China as a dairy trader, not as a producer or buyer
Because China has sufficient domestic production, it can decide to use what it makes or import dairy products, says an analyst at of INTL FCStone Financial.
Don’t look at China as a dairy producer or as a dairy buyer. Instead, view the country as a dairy trader. Now that it has sufficient domestic production, China has the “luxury” of using its domestic milk supply or dumping it and buying imports, if they are a better deal, said analyst Robert Chesler.
Chesler, the vice president of INTL FCStone Financial Inc.’s foods division, spoke today at the company’s 13th Annual Dairy Outlook Conference in Chicago.
