According to the April 2014 edition of the MPO’s Key Market Signals, the producer price increases announced since January will not result in increased production before spring. Milk production during the first quarter of 2014 was 0,5% higher than during the same period in 2013. Lower grain prices will, however, provide some relief for milk producers. Total imports during the first quarter are at the same level as last year, while exports are at a slightly lower level. High global prices resulted in higher prices for imported dairy products. In most cases, products are imported at prices above the local ex-factory prices. To view the publication, click HERE.
Published on Monday, 5th May 2014 - 09:43
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