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A further price plummet in the GlobalDairyTrade (GDT) auction tomorrow morning has the capacity to force marginal producers out of the market and slow down New Zealand’s milk production growth.
A fortnight ago, the auction recorded an 8.4% fall in dairy prices, following an almost 9% drop
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Jamie Ball
Tue, 19 Aug 2014
Tue, 19 Aug 2014
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Dairy industry holds its breath on global auction results
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