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Cows stand in a holding pen at a dairy farm that supplies milk to Fonterra Cooperative Group Ltd. as Mount Taranaki stands in the distance in Hawera, New Zealand, on Thursday, June 9, 2016. Fonterra is the world's top dairy exporter and its farmer-suppliers are among the greatest beneficiaries of China's emerging thirst for milk. Photographer: Brendon O'Hagan/Bloomberg via Getty Images

Cows stand in a holding pen at a dairy farm that supplies milk to Fonterra Cooperative Group Ltd. as Mount Taranaki stands in the distance in Hawera, New Zealand, on Thursday, June 9, 2016. Fonterra is the world's top dairy exporter and its farmer-suppliers are among the greatest beneficiaries of China's emerging thirst for milk. Photographer: Brendon O'Hagan/Bloomberg via Getty Images