date:Jul 01, 2013
Increases in supply will slowly decrease international dairy prices in coming months, according to Rabobank. Dairy prices reached record levels in April, but decreased in mid-June when they fell 10% to 12%.
Overall, dairy prices are high by historic standards. Rabobank said decreases in milk production in export and import regions are shorting the market despite weak demand. Prices are expected to decline as supply improves in coming months, but the change is expected to be gradual.
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