Japan:Dairy and Products Semi-annual (2013 Revised Market Outlook and 2012 Situation Summary)
Report Highlights:
Japan’s 2013 national fluid milk output is projected to be slightly lower than the previous year at 7.58 million MT. Weak drinking milk consumption is expected to allow Hokkaido, the major dairy producing province, to retain slightly more of its fluid milk for processing use than last year. However,
as in JFY2011 and 2012, the butter supply and demand situation still remains tight, and Japan will most likely continue to import butter using the current access in JFY 2013. High global market prices prevailing this year are expected to curtail the growth of Japan’s cheese imports, as well as overall
consumption.
