Rabobank forecasts good upcoming results for dairy
Rabobank’s most recent Global Dairy Quarterly indicates that milk prices could hold at current high levels through the first half of this year. It predicts that production for the first quarter of 2022 in the world’s major exporting regions will fall by 0.7% compared to 2021. Rising input costs, labour shortages and unfavourable weather in some areas have limited farmers’ ability to take advantage of the current high prices by…