Milk powder on a spoon© Food and Drink/Rex Shutterstock
GDT falls for a second auction in a row The Global Dairy Trade Index, an indicator of market sentiment, fell to its lowest level for two months after a 3.9% drop in the price index. The fall, only the second since October, was driven largely by a 7.7% fall in the price of whole milk powder (WMP), which was the largest product group sold at the New Zealand-based online auction. See also: Outlook 2017: Volatility likely to remain for dairy sector […]
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