Good returns predicted for world dairy market in the near future
It appears that the global dairy market will provide good returns for the foreseeable future due to reduced global milk supply. This is as key Irish milk processors raised their milk prices by at least 2c/L this week. The Agriculture and Horticulture Development Board’s (AHDB) confirmed that the world’s milk production recorded a year-on-year deficit in March 2022, with total milk deliveries across the key producing countries down 0.7% since 2021.…