Weakening in global dairy demand

Jul 24, 2022 | Commodities

20.7.22 Dairy auction prices posted a chunky fall this week, comments Nathan Penny, agri-economist for Westpac. Overall prices slid 5.1%, while key whole milk powder (WMP) prices were down 5.0%. “Prices have effectively been on the wane since March,” says Mr Penny. “In fact, WMP prices have plunged 25% over that period, while overall prices are […]

 


 

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