New Zealand's cheese production surges amid strong milk supply

게시됨 2023년 12월 28일

Tridge 요약

New Zealand cheese production soared in 2023 to 400,000 tons, driven by a strong year for milk production and increased manufacturing milk being processed. Despite shrinking milk output in 2024, cheese production is forecast to remain unchanged as a larger percentage of the milk pool is directed towards cheese production to meet demand from Japan, China, and South Korea. However, cheese exports are expected to decline in 2024 due to increased competition from Australia and the EU in markets like China and Japan.
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원본 콘텐츠

New Zealand cheese production surged in 2023, up 7% to 400,000 tons, as an unexpectedly strong year for milk production meant more manufacturing milk being pushed for processing, according to a recent US Department of Agriculture (USDA) Global Foreign Agricultural Service (FAS) dairy market report. In 2024, New Zealand production is forecast to remain unchanged, despite shrinking milk output. A larger percentage of the milk pool is being funnelled to cheese production amid stronger demand from Japan, China and South Korea. Sustained investments over time by processors have greatly expanded New Zealand’s processing output, in turn allowing exporters to meet rising ...

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