Welcome to our weekly market update, in which we will tell you about the developments in dairy the past week and our expectations for coming week.
Hi everyone,
Our latest market update is out.
It seems the market in Europe and the US are turning more bearish. Sellers have been waiting for demand to come back driven by lower prices, but it seems these prices didn't reach the consumer yet. US relies on Mexico, Europe on Algeria and China for their exports.
This week, we look at the dynamics of these large buying markets and the effect it would have.
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