According to an organization in the Netherlands, the original EU countries rolling average for the last 12 months 27.65 Euro/100Kg., Fonterra average payout 24.18 Euro/100Kg and, are you ready, the USA averaged 22.61 Euro/100Kg.
A kilogram is equal to 2.2046 pounds.
Now we are always hearing about trade barriers but, what about payment barriers? An argument can be made that costs of production are higher in Europe, and there is no real indication that European farmers are getting rich but, our price compared with New Zealand?
Showing posts with label world milk price. Show all posts
Showing posts with label world milk price. Show all posts
Sunday, July 11, 2010
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