Modern Dairy (1117.HK), one of China's major producers, reported a halving of its dairy cattle herd in the first half of this year, posting a net loss of 207 million yuan ($29.07 million).

"Pizza has become their lunches and dinners." Cowboys—and big banks—vie for a share of China's fast growing dairy market.

A glass of milk could soon cost a lot less due to China's economic slump. Whole milk powder prices slumped to a three-year low as Chinese demand for dairy products slides.

Raw milk prices in China ("PRC") have dropped by almost 30% to slightly below RMB 3.0 per kilogram since the beginning of 2022. These numbers are obtained from a March 31, 2025 news report ...

China's infant formula milk market declined by 8.6% in volume and 10.7% in value during the 2024 fiscal year that ended in June and may decline further in 2025, New Zealand’s A2 Milk Company ...