The raw milk price falls below the cost price and the industry expects that the milk price will remain low.

[raw milk price falls below cost price industry predicts that milk price downturn may continue] Xinhua News Agency reporter learned from multiple sources that the weak consumer market demand superimposed the upstream surplus of raw milk, the current average price of raw milk has fallen below the cost price, and the price of eliminated cattle has also fallen sharply, making it difficult for some small and medium-sized farms to sustain. The digestion of raw milk in the short-term upstream is slow, and consumption has not been effectively boosted. Industry insiders expect milk prices to remain low this year, and if demand improves, the decline in raw milk prices may increase the profit space of dairy enterprises. (financial Associated Press reporter Zhang Chenjing and Zhang Liangde)