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Butter leads drop in global dairy prices

Benchmark whole milk powder falls for fifth successive auction.

Nevil Gibson
Wed, 19 Jun 2019

Global dairy prices fell again in Fonterra’s latest fortnightly auction.

The GlobalDairyTrade (GDT) index dropped 3.8% to an average price of $US3208 a tonne.

It was the third successive fall since an 11-session run of increases ended last month.

The benchmark whole milk powder (WMP),

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Nevil Gibson
Wed, 19 Jun 2019
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Butter leads drop in global dairy prices
General Business,
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