Dairy industry set for global ‘squeeze’ as supply exceeds demand
date:Jun 30, 2012
ll likely see further reductions in fuel prices and an acceleration of cuts in retail dairy prices,Rabobank added.

In the EU and US this may limit the damage caused to dairy sales volume, but against a backdrop of high unemployment and stagnant wages, it is difficult to envisage anything but marginal growth in consumption through the balance of 2012.
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