Rabobank analysts say substantial dairy product market slump unlikely
Although the OECD and IMF are optimistic about consumer demand which would boost sales of dairy produce, there are also fears of a new economic downturn, especially in the eurozone.
Rabobank analysts said recent strong pockets of demand and sustained falls in milk production in export regions left the market indifferent to the EU sovereign debt crisis, Chinese attempts to rein in economic growth, and financial market jitters.
