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Dairy prices claw back losses

Author
Newstalk ZB Staff ,
Publish Date
Wed, 19 Oct 2016, 5:45AM
Dairy prices have clawed back some of their losses (Getty Images)
Dairy prices have clawed back some of their losses (Getty Images)

Dairy prices claw back losses

Author
Newstalk ZB Staff ,
Publish Date
Wed, 19 Oct 2016, 5:45AM

Dairy prices have clawed back some of their losses.

The Global Dairy Trade index has jumped 1.4 percent in the latest auction overnight, to $2,965 USD per tonne.

That's a reversal from the 3 percent fall earlier this month.

The all-important Whole Milk Powder price is up 2.9 percent, and Butter is up 2.6 percent.

However, Cheddar, and Skim Milk Powder have slipped.

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