Rabo AgriFinance dairy analyst Ben Laine tells Brownfield he’s
optimistic about the dairy outlook for the fourth quarter and start of 2020.
“In the U.S. and across the world, you’re seeing some constraints that are really keeping people from being able to expand in a big way so I think seeing that constraint is still going to help prices going into the first half of next year.”
He says even if farms would like to expand, financially they’re not able to do so and if they could, “Even if you are in a position where you would like to grow, there’s not really necessarily someone that’s able to take that milk right now,” he says.
Continue reading Rabobank calls for continued dairy price improvement at Brownfield Ag News.
