In the medium term, Rabobank said that in wholemilk
powder equivalent terms, prices would need to hit between US$ 3000 - $ 4000 tonne in order to balance the global market.
In tandem, the All Asset funds dialed back risk, as reflected by allocations to «dry
powder» asset classes (i.e., short -
term bonds, cash
equivalents and alternative strategies) of 10.2 % in All Asset and 13.9 % in All Authority, levels meaningfully above the since - inception averages of 7.0 % and 7.5 %, respectively.