date:Jun 30, 2012
e recovery, even given relatively limited excess stocks to work through,said the Rabobank Dairy Quarterly report.
The market looks most likely headed for stable pricing through Q3, yielding to a slow squeeze in Q4, with the price recovery gaining legs in early 2013.
Demand in these export regions proved unable to soak up this wave of additional milk, with consumption growth at best marginal in the US and the EU in particular,the report said.
Meanwhile, demand in emerging import regions has in