Insight Focus

  • Butter prices rebounded as Europe enters peak consumption season.
  • Drought and wildfires in California will have a greater impact on US dairy products.
  • We think the market is close to bottoming out.

New Zealand

  • Demand for New Zealand dairy products should grow as its prices were the lowest of the three main markets.
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USA

  • US butter fell again after a brief rebound.
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Europe

  • Another bearish week for European skim milk powder.
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Dairy Online

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