Global dairy prices at lowest in more than two years after further drop at auction
Prices have fallen in most auctions this year and the global dairy trade price index is now at its lowest level since November 2020.
Source: rnz.co.nz
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Prices have fallen in most auctions this year and the global dairy trade price index is now at its lowest level since November 2020.
The average dairy price had its biggest fall since early April overnight, with overall prices down 3.3 percent and all other commodities on offer falling in price.
Whole milk powder prices dropped at the first GDT auction for the 2023/24 season.
Whole milk powder prices dropped at the first GDT auction for the 2023/24 season.
Next season's milk price may start with a seven in front of it.