Surge in international dairy prices to new highs

Prices advanced by 3.7 percent in Fonterra’s biweekly auction, the largest jump since February. Nearly 200 participants secured 38,681 MT of products, with many achieving near-record prices for 2019. Most products appreciated in price with the notable exception of cheese and lactose. Core products [...]

Dairy prices show significant sign of weakness in 2019

Modest bearish moves in dairy auction prices two weeks ago (May 21) gave way to more substantial downward movement in prices this past week. Fonterra’s Global Dairy Trade platform registered a 3.4 percent decrease in its dairy product price index this past week on [...]