Dairy goes from strong to super-strong

The latest Global Dairy Trade auction on 7th February 2024 saw the largest gain in price out of the last five successive rises. The overall index rose 4.2% to US$3571/tonne.

This follows December auction increase of 1.6% and 2.3% and January results of 1.2% and 2.3%.

We await with interest how the diary companies factor this into this years payout and perhaps of greater interest, how the 2024/25 payout could be shaping to something really positive

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