Loading…
Arla's CEO said rising milk supply will keep dairy prices in check. The article cites the Global Dairy Trade index being up 47 percent since July, near its highest level, and notes Arla offset low milk prices by cutting costs and shifting into added-value products.
Rising global milk supply tends to cap dairy product prices after a strong rally, which pressures milk-based feed ingredient values and the milk price outlook for feed buyers.
reuters.comJacob Gronholt-PedersenFeb 22, 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.
