After rising Chinese dairy output lessens import demand, Russia bans EU dairy products, extending an exceptionally sharp market correction. Thanks to Russia's ban on European Union dairy products, the ongoing fall in world dairy prices has been steeper and longer lasting than was predicted.
Russia's revamped meat import policies, specialized Far Eastern markets create new, export-oriented opportunities. That's good, because domestic growth is tapped out. Among second tier broiler exporters, Argentina has never lived up to its true potential. Blessed with abundant inputs as much as the US or Brazil, Argentina's broiler exports have traditionally trailed those of feed or water scarce countries like Thailand, Turkey or China.