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Small rise in prices for 2020 s final Global Dairy Trade auction
15 Dec, 2020 05:22 PM
3 minutes to read
The Country
Prices are up in the latest Global Dairy Trade auction, to end 2020 on a high note for dairy farmers.
Across the board, the index rose 1.3 per cent - a third consecutive lift.
All products on offer recorded increases, with butter the biggest mover on 6.0 per cent to an average US$4,221/MT.
Whole Milk Powder - the biggest influencer on Fonterra s Farmgate milk price - backed up a 5.0 per cent gain in the previous event, with a smaller 0.5 per cent rise to an average US$3,210/MT.