date:Dec 23, 2013
high despite the taps being turned on in key export regions, said Rabobank analyst Tim Hunt. China continues to buy exceptionally large volumes of product from the international market to supplement falling local milk supply and this is likely to mop up most, if not all, of the increase in exports arising from key surplus regions in Q4.
The global dairy market will enter 2014 with farmgate milk prices at record or near record highs in many export and import regions. Meanwhile the prices of com