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28-09-2012 08:29 AM
| USA
Global milk scarcity likely to return
The global dairy market appears to be heading for a period of renewed supply scarcity in the coming 12 months, according to Rabobank.
Rabobank senior dairy analyst Michael Harvey says the impetus for the tightening global market emanates largely from the supply side, where low milk prices, extreme feed costs and pockets of unfavourable weather are slowing growth in milk production across key export regions.
Rabobank senior dairy analyst Michael Harvey says the impetus for the tightening global market emanates largely from the supply side, where low milk prices, extreme feed costs and pockets of unfavourable weather are slowing growth in milk production across key export regions.
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