Milk price dip of little concern to farmers

Milk price dip of little concern to farmers

 

Milk price dip of little concern to farmers
(© Flickr Creative Commons Matthew Britton)

 

In the global dairy auction overnight, the average price fell for the first time this year by 0.5 percent to $3623US dollars a tonne. It had gone up at the three previous auctions.

However, whole milk powder prices are up slightly by 0.3 percent to $3246US dollars a tonne. Whole milk powder prices are still at the highest level in nine months, and overall the market is looking relatively stable.

Volumes sold were down about nine percent………

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Milk price dip of little concern to farmers

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