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Global dairy prices surge in latest auction

The GDT index is up 3.6%, the biggest increase since mid-July.

Nevil Gibson Wed, 06 Nov 2019

Prices jumped the most since mid-July in Fonterra’s overnight GlobalDairyTrade auction.

The GDT Price Index rose 3.7% to $US3446 a tonne, the fifth increase in the past 12 auctions. The benchmark whole milk powder (WMP) price was up 3.6% to $US3254/t, we; above the three-year average of

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Nevil Gibson Wed, 06 Nov 2019
Contact the Writer: ngibson@nbr.co.nz
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Global dairy prices surge in latest auction
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