Rabobank urges caution on milk market bounce
Rabobank's Kevin Bellamy
International dairy prices have turned a corner, but market experts warn that the sector "still has a ways to go before sustainable price increases" will be seen at farm level.
The Global Dairy Trade auction saw its biggest increase in months last week, with almost all categories of dairy commodities up, resulting in an average increase of 7pc. European milk prices have also increased over the last two weeks.
