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AHDB analysts expect Farm-gate milk prices to remain stable while markets assess the scale of the Northern Hemisphere spring flush. Butter stocks are near record lows while skim milk powder is in surplus, and milk output from the five main exporting regions is forecast to grow about 1% in 2017.
Growing US and other exporter milk supplies counterbalance tight butter, leaving the overall dairy price direction uncertain and feed demand steady.
agriland.ieRichard HalleronApr 10, 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.
