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The Irish Farmers' Association dairy report says 2019 is expected to be a year of relative price stability, with EU milk deliveries edging up after slower global output growth. EU deliveries rose only 0.9% in 2018, and weather-related fodder shortages and higher feed costs moderated supply.
Brexit uncertainty is making markets more cautious.
Early signs of an EU milk output recovery and higher feed costs point to balanced dairy supply and steady prices. Brexit uncertainty adds caution to trade and price expectations.
ifa.ieMar 15, 2019Not 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.
