Agrimoney.com | Dairy giants hope volatile milk market has finally found a balance

 

Dairy co-operatives are hoping for a more sedate milk market in 2017, after the wild volatility of the last few years, with balanced supply and demand keeping prices near their current levels.

FrieslandCampina and Arla, two of the world’s largest dairy co-operatives respectively, both see a balanced market for the year to come, with production stabilising after a recent slowdown.

“We do not currently foresee significant changes in global consumption trends or big shifts in global trade patterns during 2017,” said the Danish co-operative Arla.

This outlook tallies with one from the UN, which sees dairy markets adequately supplied, despite rising prices………..

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Source: Agrimoney.com | Dairy giants hope volatile milk market has finally found a balance

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