Executive director of the Global Dairy Platform, Donald Moore, recently told an Australian audience that the biggest future threat to the world dairy industry could be synthetic milk.
AFTER four successive price increases, global dairy prices dipped slightly in Global Dairy Trade auction overnight.
A 20 PER CENT surge in whole milk powder (WMP) helped drive prices up 11.4% at this week’s GlobalDairyTrade auction.
CHINESE NATIONAL holidays could have affected last week’s Global Dairy Trade auction, in which the overall price index was down 3%, say economists.
THE Australian dairy export index recovered this week, on the back of improved butter and skim milk powder (SMP) prices, offsetting further strengthening of the Australian dollar.
THIS morning's GlobalDairyTrade auction saw the GDT price index down 7.9%, its third consecutive drop.
NEW ZEALAND bank ASB still expects dairy auction prices to rise over the season despite the GlobalDairyTrade price index falling 7.4% at the auction overnight.