A Guide to Dairy Investment in Latin America With an average growth rate of 5% a year, South American dairy production appears to be a strong market for investment, despite a certain degree of price and political instability. According to a Food and Agriculture Organization (FAO) report, rising incomes and firm regional and international demand have favored dairy production growth in Latin America and the Caribbean. South American milk production expanded by over 5% in 2011 and a similar rate of increase was…