Wholesale dairy markets rebounded strongly from the impacts of COVID-19 with worldwide closure of foodservice outlets – most importantly in the US and Europe – and the cessation of cross-border
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Dairy to tread cautiously through COVID-19 challenges
While the local dairy industry has remained buoyant thanks to recent record-high milk prices and export returns, Rabobank’s Australian Dairy Seasonal Outlook warns caution as COVID-19 diminishes demand,
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Global dairy commodity update
The fundamentals underpinning the global market outlook continue to gradually improve as global milk supply slows and demand remains strong. This should keep prices relatively stable in the short-term.
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