Insight Focus
- Dairy is still rallying in all geographies.
- Prices should remain high, especially now Russia and Ukraine are at war.
- Poor supply will also support these climbs.
New Zealand’s Supply Worries Continue
- Prices of all dairy products increased last week.
- Anhydrous milk fat and butter showed the most significant increases.
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North American Prices Climb with Energy and Inflation
- War in Ukraine has pushed energy prices even higher, pulling dairy up with them.
- Butter prices are especially high in the US.
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European Prices Climb as War Breaks Out in Ukraine
- Milk supply is still tight in Europe, and persistently high prices reflect this.
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Other Insights That May Be of Interest…
The Dairy Industry, Now and in the Future
Innovations Within the Dairy Industry