Date: September, 2009
Abstract: • USD dairy commodity prices jumped 20% to 35% in Q3 09 in
international trade, the first significant rise since the crisis.
• Price support came from a combination of tighter
fundamentals for new production and a shift in sentiment as
the market finally reached a clear turning point.
• While production and consumption trends are likely to
continue to shift in favor of sellers in coming months, this is
expected to be a gradual ...
Research Type: Industry Note