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Dairy
Dire predictions on EU milk supply
Aidan Brennan
Rabobank is predicting that environmental restrictions and a lack of succession on dairy farms is going to result in a contraction of the EU milk pool.
17 March 2024 News
US cow numbers hit five-year low
Dairy exports from the US were 7% back in 2023 compared with 2022 and Rabobank predicts that volumes are unlikely to recover in 2024.
6 March 2024 News
Rabobank cites derogation cut in global dairy review
The bank estimates that EU farmgate base milk prices will average close to €47.5/100kg for 2024 and reach €50/100kg with premiums at the peak milk supply.
Rabobank predicts positive dairy outlook for 2024
A combination of tight milk supplies, a low carryover of stock and improved demand, have helped to underpin the lift in dairy commodities.
28 February 2024 News