4th consecutive price rise in GDT auction

Can four consecutive increases in the trade weighted index for milk in the GlobalDairyTrade auction be called a trend?

Today’s 2.4% increase in the TWI takes the price above the 10 year average again.

The price of anhydrous milk fat fell 9.8%; butter milk powder was down 2%; cheddar was up 1%; the price of milk protein concentrate decreased by 3.4%; rennet casein increased 4.2%; skim milk powder was up by 4.7% and the price of whole milk powder had a 2% lift.

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