date:Dec 29, 2015
Dairy prices recovered somewhat from 13-year lows reached in August, as measured by GlobalDairyTrade values, amid some signs of low values taking a toll on world milk production.
That made 2015, during which GDT prices fell by 3.5%, a far less catastrophic year for values than 2014, when they plunged by 48%.
Still, milk prices remain below cost of production for many farmers.
And GDT values remain at less than half those reached during an early-2013 rally, before the withdrawal of Chinese buy