Toy dairy cow stood on euro notes© Ismo Pekkarinen/REX/Shutterstock
World dairy markets will not pick up until next year, according to latest forecasts. Analysts at Dutch financial services firm Rabobank expect the “cripplingly long price trough” to last throughout 2016, with some upward pressure on prices as 2017 begins. Rabobank has followed other forecasters in pushing back dairy recovery hopes further into the future. See also: What farmers in other countries get paid for milk Last month New Zealand co-op Fonterra said it expected farmgate prices to pick up later this year. Another Kiwi processor, Westland, […]
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