» Whole Milk Powder Prices Moving Up

Whole Milk Powder prices moving up

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Over the past six weeks whole milk powder prices have been creeping up.  Allthough the data referred to in the following chart is from Agrifax, and not this morning's global dairy trade, they do indicate that with some further price movements the Fonterra milk price might move back up to $6.60 to $6.70 per kilogram of milksolids.  At these prices there are decent profits with dairying!