date:Aug 02, 2013
90 million of the 100 million euro investment in the whey powder plant it plans with Sodiaal.
Mixed Feelings For Farmers
EU expansion will depend on market conditions, however.
Rabobank International, which sees EU milk production rising by 7-8 percent between 2015 and 2020, stresses that EU countries still have higher costs than some rival exporters and that output could be curtailed by land and capital constraints.
Many farmers themselves are wary about what a more open market holds, despi