Butter, cheese are dairy market rockstars

AVENTURA, FLA. — After two back-to-back quarters of weaker milk production, a dairy analyst said he expects a steady but slow recovery in key global dairy markets in 2024.“I expect Europe to be down the first half of the year, New Zealand to be flat following four to five years of decline, and I expect weakness in the United States through the first quarter,” Lucas Fuess, senior dairy analyst at Rabobank, told…