# 'Global dairy prices increased by over 45% in the second half of 2016' - Agriland.ie

> Rabobank's Q4 Dairy Quarterly says global dairy prices rose by over 45% in the second half of 2016. The rise followed stronger US and European domestic demand for cheese and butter and a 2.6m tonne fall in milk supply from export regions.

- Date: 2016-12-23 · published 2016-12-23T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/73481-global-dairy-prices-increased-by-over-45-in-the-second-half-of-2016-agriland-ie
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tighter export supply from Oceania and Europe, with milk output still short of prior peaks, points to continued upward pressure on dairy prices, though supply growth will take time to respond.

## Read by commodity

- MILK: bullish ▲

## Sources

- agriland.ie: https://www.agriland.ie/farming-news/global-dairy-prices-increased-by-over-45-in-the-second-half-of-2016/

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