# Milk prices get welcome boost as supplies tighten

> Rabobank reports that milk supply from the world's main dairy export regions fell by 2.6 million tonnes in the second half of 2016. Production declined in New Zealand and the EU, while U.S. and European domestic dairy demand strengthened. Global dairy prices rose more than 45% in the second half of 2016.

- Date: 2017-01-04 · published 2017-01-04T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/73025-milk-prices-get-welcome-boost-as-supplies-tighten
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tighter global milk supply and firm demand support dairy prices, with butterfat demand strong and protein stocks still in surplus.

## Read by commodity

- MILK: bullish ▲

## Sources

- farminglife.com: https://www.farminglife.com/business/milk-prices-get-welcome-boost-as-supplies-tighten-1166459

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.