date:Apr 21, 2016
Whole milk powder prices rallied at the GlobalDairyTrade auction, showing stronger than expected gains, although prices for other dairy commodities were more muted.
Milk Prices at GlobalDairyTrade, the auction site run by New Zealand dairy giant Fonterra, rose by 3.8% from the previous session, held two weeks ago.
And prices for whole milk powder, which is the worlds most important commodity milk product, were up 7.5%, to their highest level in three months.
Prices for skimmed milk powder ros