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Rabobank forecasts decline in demand for dairy products

Rabobank forecasts decline in demand for dairy products - Dairy News 7X7

Rabobank’s response to “Are we there yet?,” referring to peak milk powder prices, is yes. It appears that global milk powder prices peaked during 1H 2022. While milk production is in the middle of a significant slowdown, set to last at least four consecutive quarters (from Q3 2021 to Q2 2022), weakening demand expectations are […]