Concerns about demand are weighing on the global milk trade

At the latest Global Dairy Trade auction this week, prices slid across the board, with whole milk powder prices down 4.4 percent and the overall GDT index down 4.6 percent.

Athaniel Keall, an economist at ASB Bank in New Zealand, described the auction as “pretty soggy”, adding that the futures market would drop milk powder prices by around 2%.

https://www.independent.ie/business/farming/dairy/milk-prices/demand-concerns-weigh-on-global-dairy-trade-42078295.html Concerns about demand are weighing on the global milk trade

Fry Electronics Team

Fry Electronics.com is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@fry-electronics.com. The content will be deleted within 24 hours.

Related Articles

Back to top button