Global Dairy Recovery Still in a Skid

December 18, 2015 12:09 PM
 
global-world-money-finance

By Dave Natzke

The Northern Hemisphere's winter is almost here and – like driving on a snow-covered road – the global dairy recovery is having a hard time gaining traction, according to Rabobank’s Dairy Quarterly outlook report.

The Rabobank report noted fourth-quarter 2015 international dairy commodity prices stabilized, but failed to show any signs of recovery. And, while the pace of production growth is slowing in major exporting areas, it isn't enough to reduce burdensome supplies.

"Looking forward, Rabobank expects the brakes to be applied to milk production in export regions in the first half of 2016, although this will be less dramatic and less evenly spread than we had in mind a few months ago," said Kevin Bellamy, Rabobank Dairy senior analyst.

Read more on www.DairyHerd.com.

Back to news


 

Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close