The usual culprits are angry at hearing last week that the Government and the agri sector will work together to…
Powders led the way for the 3.7% jump in the Global Dairy Trade last week with economists now looking at an upside to current milk price forecasts.
The global dairy market looks set to remain firm through the coming six months, says Rabobank’s latest global Dairy Quarterly report.
The rise in global dairy prices could be partially attributed to demand from China, says Westpac market strategist Imre Speizer.
Dairy prices fell overnight in Global Dairy Trade (GDT) auction, reversing the lift in the previous event.
The 2.7% jump in last week’s Global Dairy Trade overall price index – with a 3.6% bounce in whole milk powder – was a surprise, economists agree.