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.
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.
European Prices Climb as War Breaks Out in Ukraine
- Milk supply is still tight in Europe, and persistently high prices reflect this.
Other Insights That May Be of Interest…
The Dairy Industry, Now and in the Future
Innovations Within the Dairy Industry