China Unlikely to Be ‘White Knight’ For Dairy Prices

GLOBAL – Low dairy prices are set to be prolonged in the absence of a Chinese white knight and a likelihood of strong milk production into next year, says Rabobank.
GLOBAL – Low dairy prices are set to be prolonged in the absence of a Chinese white knight and a likelihood of strong milk production into next year, says Rabobank.
For now there is enough milk powder both in Russia and in Belarus.
Ukrainian producers of milk powder were optimistic still recently. They believed that the prices would grow soon. Now they are disappointed.
In Ukraine export of milk powder is active enough.