The trade weighted price of milk dropped 2.6% in Fonterra’s GlobalDairyTrade auction this morning.
The price of anhydrous milk fat was down 5.9%; milk protein concentrate dropped .3%; rennet casein dropped 2.4%; skim milk powder was down 7.1%; and whole milk powder was 2.6% lower.
This entry was posted on Thursday, June 16th, 2011 at 10:30 am and is filed under business, Farming. You can follow any responses to this entry through the RSS 2.0 feed.
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