Steady dairy auction expected

Oct 3, 2022 | Commodities

3.10.22 Westpac expect whole milk powder prices (WMP) to be unchanged at the upcoming auction. This follows a 3.7% price rise at the previous auction. “Our pick is lower than the circa 2% lift that the futures market is pointing to,” says Westpac. “Fundamentally, global dairy prices are being underpinned by very weak global dairy […]

 


 

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