NEWS
Dairy Price Downward Trend to Continue
Thu Dec 18, 2014 10:53 AM CST

OMAHA (DTN) -- Global dairy prices fell in the fourth quarter of 2014 and will continue on a downward trend in early 2015, according to the A4 Dairy Quarterly published by Rabobank.

The report found that even though prices fell in late 2014, the rate of decline did decelerate somewhat compared to third-quarter prices. Prices of powders were down about 15% on late September levels, and cheese prices were only about half that loss. However, butter prices were relatively unchanged.

Although some stabilization occurred by December, the value of the U.S. dollar rose by 5% in Q4, which also contributed ...

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