8 Nov 2024
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Global Dairy Commodity Update March 2021

Global Dairy Commodity Update

European and Oceania markets remain a positive short-term outlook due to persistent dairy demand in major EU domestic cheese and butterfat markets and strong import demand from China.

Milk price to rise on the tide of global demand

Milk price to rise on the tide of global demand

THE PANDEMIC’S inability to put much of a dent in China’s insatiable appetite for Australian dairy has delivered an improved forecast for milk producer returns from senior government economists.

$7.20/kgMS and scope for more

7.20kgMS and scope for more

Strong global demand for dairy products has prompted ANZ to raise its forecast milk price for this season to $7.20/kgMS.

How to meet growing global demand for milk

How to meet growing global demand for milk

Low dairy consumption is common among low- and middle-income countries (LMICs); however, with the demand for milk in these countries projected to increase over the next few decades, there is an opportunity to improve the lives of millions of people from the nutritional benefits of dairy products.

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