Panel 1 Dairy commodity prices drop Milk powder, cheese, butter Down 10-15% in one week Prices in freefall Panel 2 What's going on here? Buyers are hesitant Slowing global economy Production is ramping up Two year lag to lift output Panel 3 Lower oil prices a factor Vegetable oils compete Biofuels land competes Cheaper dairy food Panel 4 Dairy boom over? Dairy land prices doubled Up 1/3 in last year Yet commodity prices down 1/3 Possible dairy bubble building
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Added: Sep 1, 2008 |
| Category: News |
Author: ofInterestNZ |
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