Global dairy prices set to rise in months ahead

This week’s average selling price was $3,368 (€2,804) per tonne. The index had risen 0.3% at the previous fortnightly global sale.
Traders are now describing this as a strong three-month rally, with analysts predicting the price will continue to rise in the months ahead as bad weather in New Zealand, the world’s largest dairy exporter, is set to hamper supply.