NZ dairy market seeing results of tightening overseas production
Dairy markets are ‘waking up to tightening global supply.'
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The recent rally in dairy prices looks to be down to the market taking a bit more notice of tightening global milk production, analysts say.
Yesterday's GlobalDairyTrade (GDT) auction shows dairy prices were up 6.6% and whole milk powder increasing almost 10%.
This follows seven auctions of
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Jason Walls
Thu, 04 Aug 2016
Thu, 04 Aug 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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NZ dairy market seeing results of tightening overseas production
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