date:Nov 05, 2015
weeks as prices have recovery, a briefing from industry group Dairy Australia said.
The latest auction lasted 10 rounds, matching the shortest in the past 18 months, and well down from the 17 rounds at the early-October event, when prices hit their recent peak.
In time terms, Tuesdays auction, at 1 hour and 32 minutes, was the quickest since August 2010.
No shortage
The price decline at the event had been anticipated by many investors, given continued weakness in dairy futures traded on New