date:Mar 06, 2014
at Rabo-bank Nederland in Shanghai. It is likely to be at least two to three years before the pace of large-scale dairy farm expansion in China outweighs the current contraction in 'backyard' sources and leads to a reduction in import growth.
Building premium dairy houses requires a substantial amount of time and financial input. For instance, the rough cost of a 6,000-head pasture may be as much as 150 million yuan ($24.4 million), leaving aside the additional expenditure in milking facilities