Rabobank's latest Global Dairy Report shows global milk production is falling at levels not seen in almost a decade. 

It says bad weather is causing milk supply in Australia and New Zealand to dwindle - while producers in the US and Europe are being hampered by tight profit margins.

Rural reporter Maham Kashany caught up with senior dairy analyst Michael Harvey to discuss the factors driving sluggish growth - and the impacts it could have on consumers. 

Rabobank's latest Global Dairy Report shows global milk production is falling at levels not seen in almost a decade.&nbsp;
It says bad weather is causing milk supply in Australia and New Zealand to dwindle - while producers in the US and Europe are being hampered by tight profit margins.
Rural reporter Maham Kashany caught up with senior dairy analyst Michael Harvey to discuss the factors driving sluggish growth - and the impacts it could have on consumers.&nbsp;

The Rural News

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia’s largest media business and international correspondents.

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia&rsquo;s largest media business and international correspondents.