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For the year-to-date period ended May 31, Italian dairy exports increased in volume (+13.5%) and in value (+12.8%), on a trend basis. The month of May 2017 was positive for Italian Cheese exports, compared with May 2016, with increases for: Pecorino and Fiore Sardo (+26.8%) Provolone (+16.4%) Grated or powered cheeses...

There is hesitation in the market as the outlook for currency changes, production levels, and stocks fuels short-term volatility, according to the Rabobank Global Dairy Quarterly. With butter prices continuing to trade at near-record levels, it’s tempting to talk of ‘market spreads’. "The spread between the elevated butter prices and skimmed milk powde...