date:Jul 14, 2014
of butter and whole-milk powder, according to the USDA.
In Australia, the fourth-biggest butter and cheese exporter, output will increase 2 per cent in 2014-2015, Dairy Australia, a producer group, forecasts. Supply from New Zealand and Australia rises in spring, which begins in September.
World food prices tracked by the UNs Food Agriculture Organization in Rome fell 1.8 percent in June, a third straight decline and 14 percent below the record set in February 2011. The gauge of dairy prices