Tuesday, February 1, 2011
(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.