Rabobank foresees restrain in dairy production growth

While the price of dairy commodities have rallied from their January lows in recent months, a report released by Rabobank highlights that this price surge is hard to justify based on current market fundamentals. Rabobank believes that suppliers are not out of the woods yet. “We have passed through the worst for dairy market fundamentals, but things are not likely to be as tight through the middle of the year as the market is currently factoring in,” says Rabobank’s analyst Tim