Japan: Japan Announces Record Non-Fat Dry Milk Imports
On May 25, 2017, the Ministry of Agriculture, Forestry and Fisheries (MAFF) announced its intention to import up to 21,000 metric tons (MT) more of non-fat dry milk (NFDM) through March 2018. The volume announced on May 25 would be in addition to the 13,000 MT of NFDM imports announced on January 27, 2017. Lower milk production in Hokkaido, increased demand for drinking milk, sufficient butter stocks and steady demand for yogurt contributed to MAFF’s decision. MAFF’s ability to import up to 34,000 MT of NFDM this fiscal year should alleviate the Japanese dairy product industry's concerns regarding a possible NFDM shortage.
Japan: Japan Announces Record Non-Fat Dry Milk Imports