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The Irish Farmers' Association says a Dairy Forum consensus expects 2017 milk prices of 30 to 33c per litre for basic constituents. The IFA is pressing for a 2c per litre increase for November milk, citing two years of negative farm margins and rising cow culls.
Lower global milk supply expected over the next year, combined with strong butter, cheese and powder demand, supports firmer European milk prices into 2017.
ifa.ieDec 9, 2016Not 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.
