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Rabobank predicts low international prices

The latest Rabobank Dairy Quarterly forecasts a protracted period of low prices in international and regional dairy markets and a significant decline in the US market by early 2015. This will come on the back of decreased Chinese demand and Russia’s ban on imports from key suppliers. The analysts expect growth in global milk supply to slow over the next 12 months. The rate of slowdown, however, will be affected by farm milk prices that remain high in many regions, the removal of EU quotas from May 2015 and a significant decline in feed costs. To read more click HERE.

Published on Monday, 13th October 2014 - 12:17

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