Milk price hikes expected to continue
Global dairy markets appear relatively strong, with a general balance in supply and demand worldwide and strong demand in Asia. Lakeland Dairies observes that normal global trading patterns and market trends have been affected by disruption caused by the Covid-19 variant, which has had a moderating effect on economic activity across every continent. The diary has set its December 2021 milk price, becoming the first processor to do so. A…