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Rabobank pushes back forecast for dairy rally

Milk production is still outpacing demand, the agricultural lender said, as it lowers dairy price forecasts

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Dairy prices hit six-year low - but milk powder stabilises
Prices at GlobalDairyTrade fall for a seventh event, during which they have dropped more than 30%. But have milk powder values found a floor?
Dairy woes prompt New Zealand to cut interest rates
The New Zealand dollar hits a two-year low after a "surprise" rate cut. Still, it may be too early to assume a boost to milk output prospects
Synlait Milk 'confident' in dairy price revival
The New Zealand milk company sees dairy prices recovering "over time" as it releases a slightly more upbeat milk price forecast than rival Fonterra
Low milk prices to 'raise pressure' on NZ bank loan books
Producers in the top milk-exporting country may find a second season of low prices more tricky to ride out - with implications for borrowings
UN flags grain price falls as it ups world harvest forecast
The UN FAO says some grain buyers are standing back from purchases, as better harvest outlooks stoke expectations of ample supplies
Dairy prices hit lowest since 2009 as strong output weighs
Dairy prices fall again at GlobalDairyTrade, with supplies seen remaining ample thanks to strong output in many major producing countries
Fonterra warns of 'oversupply' threat to dairy price revival
The dairy giant - cutting its estimate for milk payouts this season, and unveiling a 2015-16 forecast termed "grim" - flags strong global milk output
Westland Milk unveils 'optimistic' dairy price outlook
The New Zealand processor sees milk prices showing a decent recovery next season, even as rival Fonterra detects signs of increased Chinese buying
Chinese milk powder stocks to fall sharply, as imports dwindle
US officials have doubled estimates of China's whole milk powder stocks, but expect them to shrink sharply thanks to thin 2015 imports
Hedge funds still gloomy on ags, despite deep cut to wheat shorts
Hedge funds extended their nets short in ags, even as they made their biggest bullish shift in wheat since 2013. Will more short-covering follow?
US casts doubt on hopes for dairy price recovery
A dairy price revival "may be slower" coming than investors foresee, despite the steepest drop in New Zealand milk output in 16 years
Dairy prices hit six-year low as spring flush lifts milk output
Prices at GlobalDairyTrade fall to their lowest since 2009, disappointing investors who hoped that bearish news had already been factored in
Feature
Dairy prices - will 2015 prove as downbeat as 2014?

Dairy prices near-halved last year as Chinese and Russian buyers stepped back, while producers kept output high. Will those dynamics reverse in 2015?

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