date:Mar 19, 2014
Last night the average price on the online auction platform dropped by 5.2 percent to $US 46563 per tonne, representing the lowest price since mid-June last year, The Weekly Times reports.
Of the different dairy products, anhydrous milk fat experienced the biggest fall, lowering 10.7 percent to $US4578 per tonne, whole milk saw a 5.8 percent decline to $US4439 per tonne - the lowest price since last year, while cheddar dropped 4.1 percent to $US4641 per tonne.
Milk protein concentrate and butt