Prices fall at latest Global Dairy Trade auction

After four bumper auctions in a row, prices fell at the latest Global Dairy Trade auction. Average prices paid at the auction fell 3.1 percent on the last event held three weeks previously which itself was up 9.9 percent.

The previous three auctions had seen double-digit increases for dairy prices. This week, key products Whole Milk Powder and Skimmed Milk Powder both fell at the latest auction down 4.6 percent and 4.5 percent respectively.

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