critical

Antibiotic Residues

critical

Melamine and Adulteration (Infant Formula)

critical

Cronobacter sakazakii (Infant Formula)

high

New Zealand Drought (El Niño cycles)

high

Foot-and-Mouth Disease (FMD)

high

Russia 2014+ Sanctions Regime

high

China Demand Volatility

high

EU Nitrogen and Methane Regulations

moderate

EU and USA Heat Stress

moderate

Mastitis (high SCC penalties)

moderate

Bovine Tuberculosis and Brucellosis

moderate

Animal Welfare Standards (EU and Western retailers)

moderate

Plant-Based and Precision Fermentation Dairy

moderate

Feed Cost Volatility (Corn, Alfalfa, Soy Meal)