Dairy industry expert Stu Davison from High Ground Dairy dives deep into the recent Global Dairy Trade (GDT) results following last night's auction.
Notably, there was a 6.9% drop in overall dairy prices, including significant declines in whole Milk Powder (WMP), Skim Milk Powder (SMP), Anhydrous Milk Fats (AMF), and Butter.
Despite the sizeable decreases, Davison encourages those within the Dairy industry to remain calm, highlighting the fact that New Zealand's peak milk production is influencing market trends, leading to seasonal price adjustments.
Listen to the full chat between Stu Davison and Dominic George above.
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