However, Bord Bia said prospects for Irish dairy exports in 2017 look positive:
Recovering global dairy prices and increased demand from key global dairy importers and anticipated stronger oil prices should help exports.
Not exact matches
Fonterra Cooperative Group Ltd., the world's biggest
dairy exporter, expects
global milk
prices to
recover from their slump as China re-enters the market, Chief Executive Officer Theo Spierings said.
Global dairy prices may have
recovered over the past year but that does not mean that
dairy producers and processors in the UK are creaming off high profits.
This compares with its prospectus forecast of $ 89 million, and previous warnings to investors that its net profit would be between $ 66 million and $ 86 million if
global dairy prices didn't
recover as expected.
This compared with its prospectus forecast of $ 89 million, and previous warnings to investors that its net profit would be between $ 66 million and $ 86 million if
global dairy prices didn't
recover as expected.