Global dairy prices rise again as volumes lift

Global dairy prices rise again as volumes lift
(Image: Synlait)
Riley Kennedy
Global dairy trades have strengthened overnight, even as more supply hits the platform.Tuesday night’s Global Dairy Trade auction – the first in three weeks – saw the Price Index up 0.7% to an average price of US$4,249 (NZ$7,206) per metric tonne.It’s the second consecutive auction where prices have lifted, having fallen at the four events between the end of May and the start of July.Wednesday morning’s rise was driven by a 2.1% lift in whole milk powder, which makes up over half of the auction by volume and h...

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