AN INCREASE in milk volumes expected as a result of the abolition of the EU’s milk quota are already showing up says Arla Foods chief executive Peder Tuborgh.

A few months ago many people had high hopes some important issues affecting the economy, especially the rural economy, would be centrestage in the election campaign. 

THERE’S RARELY a dull moment in dairy these days, and in many ways the past month has been an eventful one. In addition to the finalisation of 2013-14 milk prices and financial results for most processors, the oft-mentioned targeting of ‘high-value markets’ took further shape with deals such as the infant formula joint venture between Fonterra and Beingmate, in which Australian milk and facilities will play a key role. 

IN 2013, China imported 2 .1 million tonnes of dairy worth US$8.8 billion, making it the largest importer of milk products in the world. Imports have increased 45% in the last five years, a trend gathering pace.