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AHDB analysts expect EU milk markets to become more balanced in 2017 after two volatile years, with global milk supplies below prior-year levels in most key exporters in the first half. EU production is below last year but rising seasonally, and the US remains in growth.
Tight first-half supply from Oceania and the EU, alongside firm cheese and butter demand, supports dairy prices and reduces the chance of a sharp milk price slump.
agriland.ieRichard HalleronFeb 5, 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.
