date:Oct 28, 2019
en achieving good prices for its milk so far this season. Demand for whole milk powder (WMP) has been firm, and were expecting it to be above last year for the full season. Global WMP production is down year to date and expected to continue to decrease for the remainder of 2019. We are also continuing to sell our skim milk powder at higher prices than EU and US dairy companies in Global Dairy Trade (GDT) Events. Fonterra CEO Miles Hurrell says there are positive signals ahead for milk prices.
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