NZD traders - dairy rally to continue, driven by tightening world supply says Rabobank

Just a snippet on dairy markets for NZD traders to file away

Rabobank on dairy:

• Dairy market rally will continue well into next year


• Driven by tightening world supply


• Output in the European Union is falling at its quickest rate in three years (EU dairy production fell by 1.9% in August)

More:

• Australian production down 9.2% in August, down 10.2% in July, hit by wet weather over the past few months
  

NZD traders - dairy rally to continue, driven by tightening world supply says Rabobank
NZD traders - dairy rally to continue, driven by tightening world supply says Rabobank
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