UK's negative dairy trade balance offers growth potential

Friday July 20 2012

Britain is sucking in large volumes of dairy products from European neighbours at a time when some of its own dairy farmers are considering quitting the industry.

Dairy Markets puts the figure at $285 million (€383.8m), based on an analysis of annual imports. We admit it is a ball park figure, but we believe it is a true, even conservative, estimate of the 'gap' between what the UK produces and what it needs.

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