Rising Milk demand from China and increasing food safety concerns from New Zealand its major supplier open up opportunities for South America
Rising Milk The worlds largest dairy exporters New Zealand company Fonterra is calling for improved lab-testing, saying the Government owned Environmental Science & Research laboratories in New Zealand lacked the capacity to identify an E.coli bacterium in cream. This comes as a French company sues the dairy giant for $500 million, China looks to buy its milk from Germany and South America. Are these food safety issues an opportunity for South America to increase their exports to China ? Worried…
