Kieran Coughlan: Perfect storm takes wind out of dairy farmers’ sails

Dairy markets continue to “bump along the bottom”, having failed to gain any serious upward traction over the last six months.

On the positive side, results from the last four Global Dairy Trade (GDT) auctions shows an alternating upward and downward trend within a range of about 2.5%.

No sharp declines, and modest recoveries, point to a bottoming out of the market.