date:Apr 29, 2014
Dairy prices will slide over the next year amid increased supplies from exporting countries and weaker demand from China, according to Rabobank International.
US and European producers are responding to exceptionally strong margins and increasing output after milk prices rose and feed costs dropped, said Tim Hunt, Rabobanks global dairy strategist. Slower economic growth will limit Chinese demand, especially after many consumers significantly bought forward supplies in the first three months o