As the global demand for forage escalates, western producers of alfalfa and other hay will benefit while western dairies will need to adapt.Read more
The trade in dairy products has suffered a number of massive blows in the last three years. The Russian trade embargo, the slowing of demand growth from China, the impact of low oil prices on demand from oil exporting countries and the strengthening of the US dollar have all had an impact on the demand for imports. The expansion of production surrounding the removal of production quotas in Europe added to the pain and resulted in a period of extremely low world prices.Read more
There is hesitation in the global dairy market as the outlook for currency...