GDT dairy index rise again by 1.2% increase and WMP up 3%
Prices have risen again in the latest Global Dairy Trade auction, held overnight, with a 1.2% increase across the board. This follows a 0.8% increase from two weeks ago. Whole milk powder – which has the biggest impact on Fonterra’s farmgate milk price – recorded a solid 3% lift, to an average of US$3559/MT. Skim milk powder – Fonterra’s […]