Rabobank forecasts low dairy prices for next 12 months

Rabobank analysts are forecasting a protracted period of low prices in international and regional dairy markets and a substantial fall in the US market by early 2015. Dairy markets are in for a bearish ride over the next 12 months with falling prices exacerbated by a pullback in Chinese buying on the international market and Russia’s ban on imports from key suppliers, Rabobank analysts report in their most recent quarterly dairy report. International dairy prices softened considerably in