The island of Ireland has 2m cows producing 10bn litres of milk while Egypt has 4.5m cows producing only 4.4bn litres. The efficiency difference between both countries is clear – but does it matter?

You can make milk in Egypt by importing cows, importing feed and availing of farm help at low cost. It makes good financial sense. At the moment, milk prices in Egypt are 43c/l and production costs are 32c/l. By far the biggest cost is the imported forage and concentrate.