Medium-term milk price prospects look good as global market stabilises
With Europe past its seasonal milk flush, and southern hemisphere production yet to build to its October peak, milk price prospects remain favourable in the medium term.
This follows a first half of the year when the downward trend in dairy markets had only a limited effect on milk prices paid to dairy farmers across the EU, according to this week’s LTO International Milk Price Comparison annual report for 2013.
