Analysts: Dairy crash not expected to rival 2016 devastation

Analysts: Dairy crash not expected to rival 2016 devastation

Prices are a long way from the 2015-16 slump. The global market now is very different, according to experts at Rabobank.

A 2015-16 type milk price slump has been ruled out by dairy market analysts, despite dairy commodity prices in the GDT auction falling below five-year averages.

The bigger worry for Irish dairy farmers is the cost of milk production, which jumped last year by more than €2,000 per cow, to record levels.

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