Not exact matches
Global dairy prices have fallen
since 2013, but Canadian consumers have not benefited.
Global dairy prices have fallen around 60 per cent
since early 2014, mainly because of weaker demand from China after it stockpiled milk powder, and most analysts expect milk
prices to stay low for some time.
The
Global Dairy Trade (GDT)
Price Index declined by 3.1 % today - the first fall in the average price on the platform since the beginning of Au
Price Index declined by 3.1 % today - the first fall in the average
price on the platform since the beginning of Au
price on the platform
since the beginning of August.
Prices on the Fonterra - owned
Global Dairy Trade (GDT) auction platform rose today for the first time
since March.
Currently Germany is more
price competitive although the difference between the countries has narrowed significantly
since the sharp
global fall in
dairy prices last year.
Global dairy prices have fallen around 60 per cent
since early 2014, mainly due to weaker demand from China after it stockpiled milk powder, and most analysts expect milk
prices to stay low for some time.
In July, butter hit $ US6004 a tonne ($ 7545) at the
Global Dairy Trade auction — the highest
price since auctions began in 2008.