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Dairy Market Volatility Seen Continuing in Near Term



Dairy Market Volatility Seen Continuing in Near Term

CHICAGO, June 27, 2013 (GLOBE NEWSWIRE) -- Global weather, supply issues in
the feed markets and strong demand from developing countries will all combine
to keep dairy prices volatile for the near future, according to speakers at
INTL FCStone's Dairy Outlook Conference, held in Chicago June 20 and 21.

Experts from around the world offered their views on macro-economic issues
affecting the dairy markets as well as the impact of global supply and demand.
Presentations covered the influence of markets like Ireland, New Zealand and
India on the production and consumption of dairy products around the globe and
the changing tastes of consumers and how they are shaping the dairy industry.

"We're seeing milk production increase in the U.S. with fewer cows and we're
estimating total U.S. production reaching nearly 201 billion pounds in 2013,"
said Robert Chesler, Vice President of FCStone, LLC's Food Division. "Through
April of this year, the majority of our exports were bound for Mexico followed
by Southeast Asia. Oceania has increased their imports of U.S. dairy products
43% over last year."

"In terms of production, I project world milk production to increase by 170 MT
in 2022 vs. current. The majority of that milk production (70%) should come
from developing countries such as India. But keep in mind that water remains
the greatest threat to growing dairy production and those developing countries
need to solve some of their infrastructure issues before realizing those
gains. This forecast calls for a growth rate of 1.8% per annum, well below the
2.3% growth rate of the previous decade resulting in higher
prices. Consumption will increase at an average of 2.1% per annum based on
robust international income growth, population growth and further
westernization of diets."

2013 marked the tenth year the dairy industry gathered in Chicago to hear INTL
FCStone's outlook for the dairy market. Speakers included Gene Epstein,
Barron's Magazine's Economics Editor, climatologist Drew Lerner and commodity
technical analyst Peter Ullrich as well as INTL FCStone's Sagiv Shiv, Ben
Parks and Michael Ortiz.

About INTL FCStone Inc.

INTL FCStone Inc. (Nasdaq:INTL) provides execution and advisory services in
commodities, currencies and international securities. INTL's businesses, which
include the commodities advisory and transaction execution firm FCStone Group,
serve more than 20,000 customers in more than 100 countries through a network
of offices in twelve countries around the world.

Further information on INTL is available at www.intlfcstone.com. 

CONTACT: INTL FCStone Inc.
         Kent Coughlin
         Director of Public Relations
         +1-615-234-2756
         kent.coughlin@intlfcstone.com
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