Global dairy prices in ‘holding pattern’ as index slips 1.3% overnight
Global Dairy Trade prices fell 1.3% overnight, a result Westpac says was weaker than expected. The Global Dairy Trade index is a bimonthly auction which connects buyers and sellers of dairy from around the world and helps determine a fair market price. Westpac senior agri-economist Nathan Penny said, despite the fall, prices remained very high. […]
