Even dairy prices are soaring: GDT price index +15.0%


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Commodity boom in everything extends to milk

Commodity boom in everything extends to milk

Fronterra’s GlobalDairyTrade auction put the average price at $4231, which is a 15.0% increase, including 21.0% in whole milk powder.

Not only is that huge jump, but it’s the 8th consecutive auction with higher prices. Prices are up around 40% since November.

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