date:Aug 19, 2015
ay given where prices are, but its good to see some indicators pointing north for a change.
The whole milk powder price fell to $1,590 on Aug. 4 the lowest since the bi-monthly GDT auctions began in 2008 while the quantity weighted price index fell 10 percent to the lowest since December 2002.
Signs of slowing global production, including a forecast 2 percent drop in New Zealand milk collection this season, may curb supply and support prices later this year.
The cooperative was obviously no