GDT: What’s behind the leap in whole milk powder prices?
Whole milk powder prices have risen almost 30% in the last month and are now back to levels last seen in October last year. With special feature audio.
Jason Walls Wed, 17 Aug 2016
Analysts have been left stunned by the strong price gain at this morning’s GlobalDairyTrade (GDT), despite the futures market pointing to a sizable lift.
Average dairy prices were up 12.7%, with whole milk powder (WMP) jumping an impressive 18.9%. This follows a 9.9% increase at the previous
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