This week’s GDT: Was last auction a ‘dead cat bounce’ or will prices rise again?
“It's a long way back but we can't see prices getting much weaker than they were,” Rabobank's Michael Harvey says.
Jason Walls
Tue, 01 Sep 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Milk prices at the GlobalDairyTrade (GDT) auction will continue to climb but not as dramatically as the bounce back at the last auction.
Rabobank senior analyst Michael Harvey says dairy prices at the GDT have bottomed out and expects overall dairy prices to be up on Wednesday morning’s auction.
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Jason Walls
Tue, 01 Sep 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.