Rabobank: Recovery in global milk prices has ‘cooled’ slightly
The recovery in global milk prices evident in late 2023 and continuing into early 2024 has “cooled slightly” in quarter two, according to new research published today (Tuesday, May 7) by Rabobank. The bank’s latest global dairy quarterly report suggests that the tentative recovery in prices could now face “some additional headwinds”. Rabobank had expected […]
Dairy prices, volumes fall at auction – GDT events
nternational milk prices and volumes fell in this month’s second Global Dairy Trade (GDT) auction on Tuesday. The GDT Price Index was down 0.9%, with an average selling price of $3,488 per tonne. The index rose 2.5% at the previous auction held on May 2, with an average selling price of $3,506, according to GDT […]