Insight Focus
- Global dairy prices continue to rally.
- Feedstock shortages remain an issue; dairy demand is outstripping supply.
- Higher energy costs for dairy exacerbated by sanctions on Russia.
Dairy’s Rally (Mostly) Continues as Ukraine Crisis Persists
- New Zealand’s dairy prices continue to rally with demand still outstripping supply.
- A similar trend can be observed in the US.
- In Europe, all products continue to rally as feedstock prices rise and the Ukraine crisis trundles on.
- Both crude oil and energy’s rally is impacting fertiliser prices, which hits dairy feedstocks, freight costs and processing costs to dry milk.
- The rallies also impact corn, the feed for dairy in most global markets.
Other Insights That May Be of Interest…
The Dairy Industry, Now and in the Future
Innovations Within the Dairy Industry
