A dairy economist says it appears China imports were up 50 percent in April which has buoyed global dairy markets but he’s not overly bullish on future demand.
“You have the largest importer in the world growing their imports at 40-50 percent for a couple of months and it gets pretty supportive.
Nate Donnay with INTL-FCStone says China accounts for most of the growth in U.S. exports this year but he says it’s unlikely they can sustain recent increases.
