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Dairy prices on the rise again

Author
Newstalk ZB Staff ,
Publish Date
Wed, 7 Dec 2016, 5:50AM
The Global Dairy Trade index has jumped 3.5 percent in the latest auction overnight, to an average $3,622 USD a tonne (Getty Images)
The Global Dairy Trade index has jumped 3.5 percent in the latest auction overnight, to an average $3,622 USD a tonne (Getty Images)

Dairy prices on the rise again

Author
Newstalk ZB Staff ,
Publish Date
Wed, 7 Dec 2016, 5:50AM

Dairy prices are on the up again.

The Global Dairy Trade index has jumped 3.5 percent in the latest auction overnight, to an average $3,622 USD a tonne.

Butter [1.7%], Cheddar [2.2%], Skim Milk Powder [1.4%] and the key Whole Milk Powder [4.9%] prices are all up.

Lactose jumps more than 10 percent [10.6%].

Only Butter Milk Powder recorded a fall, of 2.6 percent.

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