Fourth milk price increase in a row

The latest milk auction prices are up again, the fourth increase in a row following a major slump that began about eighteen months ago. The latest prices increased overall by about 10%. The volume sold is also increasing.

MilkAuction2015-10-06

The price movements over the past ten years:

MilkAuction2015-10-06Trend

There may be some cautious optimism in the dairy industry that a recovery is under way.

Site: GlobalDairyTrade

Leave a comment

1 Comment

  1. I bet dairy farmers are thanking Andrew Little for declaring a crisis in dairy prices a few months ago.

    Reply

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s