- Strong global market fundamentals see Rabobank hold farmgate milk price forecast of NZD 7.15/kgMS With global dairy market supply and demand fundamentals set to support strong prices for Oceania-origin dairy products over the coming year, Rabobank has held its farmgate milk price forecast of NZD 7.15/kgMS for the 2019/20 season .
- The dairy company said the drop was related to uncertainty amid COVID-19.
- Milk output is now predicted to go up by 0.3% in 2019, 66% lower than the anticipated 0.9% increase, according to AHDB Dairy analysis. See also: 7 staff management tips from a dairy farmer
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