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Whole milk powder prices rally, but dairy outlook remains muted
date:Apr 21, 2016
e by just 0.3%, while prices for cheddar cheese fell by 3.9%.

Strong increase

This was a strong increase for whole milk powder, said John Lancaster, dairy analyst at FC Stone, adding that it was a little bit higher than we were expecting.

But Mr Lancaster warned that it was hard to read too much into a single auction.

Global dairy markets still remain marked by heavy production, and sluggish demand.

Resilient New Zealand output

Production in New Zealand is the top dairy exporter in the wor

12/19 22:52