This is the bull case. Intruding in US dairy is ambitious at...

This is the bull case. Intruding in US dairy is ambitious at best. You won't succeed. The growth is still in China. People are still underestimating Chinese distrust of their brands. Although I'm a firm believer in birth rates as noise, the narrative has been around the CCP influencing birth rates in any way the paper tiger can. The CCP is consistently doing everything they can to promote them. I look at the report and nothing was disappointing, only a realization of expectation. Growth in Chinese sales and anything else being a cherry on top. My position is capped on this trade, but I see no reason to sell today. The thesis is intact. IMO nothing here warrants new discussion. it's the same game we've played 6 mos. plus. There are other games to play elsewhere while this game matures. Wrong right, odds haven't changed, only the market's emotions.