Sentences with phrase «weak global dairy prices»
That combined with persistently weak global dairy prices led to the profit downgrade.
http://www.afr.com/ Not exact matches
Global dairy prices have fallen around 60 per cent since early 2014, mainly because of weaker demand from China after it stockpiled milk powder, and most analysts expect milk prices to stay low for some time.
Chairman John Wilson said the farmgate milk price forecast has been reduced due to the continued significant imbalance in the global dairy market between weak demand and surplus supply.
Global dairy prices have fallen around 60 per cent since early 2014, mainly due to weaker demand from China after it stockpiled milk powder, and most analysts expect milk prices to stay low for some time.