Tuesday, February 1, 2011

globalDairy Trade

(click on image to enlarge)

Here is a link to Fonterra's internet auction globalDairy Trade, latest results: http://www.globaldairytrade.info/DesktopDefault.aspx?tabid=430

The trade weighted average increase 7.2% over the previous event held two weeks ago.

Above is a clip of the skim milk powder (SMP)data. Notice the price increases as time moves ahead. This should be a good sign for sustained dairy prices and farm milk price.

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