Dairy prices lift again despite mixed result at latest auction

Dairy prices lift again despite mixed result at latest auction
NZ is now past peak milk production for the season. (Image: Supplied)
Riley Kennedy
Global dairy prices have continued to notch up despite a mixed result at the latest auction.Another lift for whole milk powder (WMP) as well as a jump in lactose prices drove the Global Dairy Trade Index up 1.2% to US$4,193 (NZ$7,120) a metric tonne in the overnight auction. It is the third consecutive auction where prices have lifted as customers, particularly in China, stockpile for Christmas and Chinese Lunar New Year.WMP prices – which have the biggest influence on farmgate prices and make up half of the auction by volume &n...

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