date:Mar 25, 2014
Rabobank has issued a new report on the global dairy industry, forecasting an easing of global milk pricing from mid to late Q2 2014.
Rabobank's Food Agribusiness Research and Advisory group says that exportable dairy supply rose strongly in Q4 2013, and is expected to continue into early 2014 as producers respond to improved margins through high milk prices and falling feed costs. The bank expects a strong Northern Hemisphere production season, on the back of an exceptional season in the Sout