According to a new report from food and agribusiness banking specialist Rabobank, the global dairy market will see modest supply growth in 2025, driven by steady production expansion and export demand.
This slow growth rate is not expected to translate into surging stocks or general oversupply, however, so global dairy prices are predicted to remain at elevated levels.
For Australia, dairy farm margins will likely benefit from improving farmgate prices in 2025, along with high commodity returns and a softer currency.
By Rabobank Australia
March 10, 2025
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