The United States Department of Agriculture (USDA) has projected a significant decrease in China's imports of powdered milk for the current year. Imports are expected to fall to 410,000 metric tons, marking a decline compared to previous trade cycles. This reduction is attributed to various factors, including demographic changes, particularly a decrease in the birth rate, which has led to lower demand for infant formulas and other dairy products. In response to the lower demand, China's dairy production units have increased their domestic production. The country's liquid milk production is anticipated to reach a record 43 million metric tons. This growth is driven by technological advancements in dairy farms and improvements in animal yields, which collectively have reduced China's dependence on imported dairy ingredients. The decrease in Chinese imports is prompting major global dairy exporters, such as New Zealand and the European Union, to adjust their market strategies. For ...