Global milk surplus set to contain prices: Rabobank

By Everard Himmelreich
Updated January 3 2018 - 1:00pm, first published 12:30pm
Global surplus: A predicted global exportable surplus of milk in coming months is likely to keep milk prices contained until later this year.
Global surplus: A predicted global exportable surplus of milk in coming months is likely to keep milk prices contained until later this year.

There is not likely to be much good news for dairy farmers until late 2018 with the “rising tide of milk” across the world denting optimism, according to Rabobank’s latest Dairy Quarterly report.

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