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Irish Farmers' Association dairy chairman Sean O'Leary says historically high international butter prices and rising prices for other dairy products allow Irish co-ops to lift April farm-gate milk prices by up to 2 cents per liter. Butter quotes in Oceania, the US, Germany and Italy are at multi-year highs, and EU Milk Market Observatory prices for butter, SMP, cheddar and WMP have been strengthening.
Higher international butter and milk powder prices support farm-gate milk price increases in Europe and firm global dairy values.
ifa.ieJun 2, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
