date:Nov 04, 2015
months, farmgate prices will fall further [in the first half of next year.]
But he says the supply brakes are being applied globally, and lower world prices are reawakening consumers. The result: Pricing will likely enter a sustained upward phase in mid 2016, Hunt says.
The reasons:
China will likely work through its current inventory of dairy stocks, and Chinese milk production will not keep pace. Lower milk prices in China means small dairy farms are continuing to exit the business, and a