Rabobank forecasts decline in demand for dairy products
Rabobank’s response to “Are we there yet?,” referring to peak milk powder prices, is yes. It appears that global milk powder prices peaked during 1H 2022. While milk production is in the middle of a significant slowdown, set to last at least four consecutive quarters (from Q3 2021 to Q2 2022), weakening demand expectations are […]
Inflation in milk,coffee and commodities makes 2022 a difficult year : Nestle
Nestle India chief Suresh Narayanan on Monday said that 2022 will likely be a “difficult year” as commodity prices are expected to rise and result in the spectre of food inflation for the manufacturers. The leading FMCG player, well known for household brand names like Maggi and Milkybar, is anticipating an escalation in the prices […]