date:Jan 14, 2013
er, 0.9 per cent, or two points, higher than in November. In the last quarter of 2012, dairy prices stabilized following a rise from mid-year lows. The average value of the Index during 2012 was 189, down sharply from 221 in 2011. Overall, the dairy market remains well-balanced, but is increasingly susceptible to supply changes related to pasture conditions, and feed availability and affordability.
The FAO Sugar Price Index averaged 274 points in December, down marginally from November, and th