Dairy cows in a milking parlour© Tim Scrivener
The Global Dairy Trade online commodity auction saw an overall 3.5% drop in its price index at Tuesday’s sale (7 November), with a weighted average price of US$ 3,105 (£2,388/t). This was the 199th in the series of fortnightly New Zealand-based auctions. The price index fell to 1,005, well up on a year earlier when it was at 771, but a large enough drop to inject a little more uncertainty into dairy markets. See also: Dairy diversification into milk processing […]
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