Tuesday, 15 March 2016

Dairy prices fall nearly 3%

The whole milk powder price has fallen in the latest global dairy auction overnight, partially reversing a 1.4% rise two weeks ago.

The average price across all of the products measured by the GlobalDairyTrade index fell by 2.9% to $US2190 a tonne.

Prices remain well short of the break-even range for farmers, who need about $US3000 a tonne.

MORE SOON.



from
http://www.nbr.co.nz/article/dairy-prices-fall-nearly-3-ck-186269

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