Dairy prices fall at GlobalDairyTrade auction

By FXStreet The latest GlobalDairyTrade (GDT) auction ended with a drop in the dairy prices.

Prices fell 2.%, to USD 2190 per metric tonne. At the previous auction a fortnight ago, prices rose 1.4% to an average of USD 2253 a tonne, putting an end to four consecutive falls.

Whole milk prices (New Zealand’s major export) fell 0.8% to USD 1971.
For more information, read our latest forex news. …read more

Source:: FX Street