Dairy price up again

The trade weighted index for Fonterra’s globalDairy Trade auction increased 7.2% at this morning’s auction.

The price of Anhydrous milk fat went up 9.2%; there was no change in the price of butter milk powder, skim milk powder increased 8.5%; and whole milk powder went up 5.7%.

The TWI is now back up to levels not seen since late 2006.

GDT Trade Weighted Index

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