FAO Global Dairy Prices Rebound After Prolonged Decline
The FAO Dairy Price Index averaged 120.9 points in March, registering a modest increase of 1.5 points (1.2%)—marking the first upward movement since July 2025. However, despite this recovery, the index remains significantly lower—down 27.8 points (18.7%) compared to the same period last year—indicating that global dairy markets are still navigating a broader correction phase….