30.03.2009 - Hope for commodities as milk production falls
From Farmersguardian.com: World prices for dairy commodities could stabilise – or potentially increase – in the wake of falling production. While acknowledging the possibility markets could come back into better balance, DairyCo however, points out significant stocks of recently accumulated product, would still need to be cleared before prices could increase significantly. As already reported, UK production is looking like being 12 per cent (12,750 million litres) below quota.....Full Article: Source