Whole milk powder staves off global dairy price fall
Updated: Westpac again drops milk price forecast for 2019/20 season.
Nevil Gibson
Wed, 21 Aug 2019
Benchmark whole milk powder rose against the trend as dairy prices continued their slide in Fonterra’s overnight GlobalDairyTrade auction.
The GDT Price Index fell 0.2% to $US3255 a tonne while WMP rose 2.1% to $US3100/t. It accounted for about 55% of the 34,410t of product sold.
Despite
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Nevil Gibson
Wed, 21 Aug 2019
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