As part of this week’s “News Maker” show of Sarah’s Country, Nathan Penny from Westpac explains how post-covid demand from China for milk powder and a resurgent appetite for milk fat products in several markets has lifted dairy prices to recent record levels.

The Global Dairy Trade (GDT) index rose 4.8% in the second auction of January and has now risen 17% over the past three months.

The index is the highest it has been since May 2014, incorporating the highest whole milk powder (WMP) average since December 2016.

To read more, visit the article on Farmers Weekly: https://farmersweekly.co.nz/section/dairy/view/post-covid-demand-pushes-dairy-prices

To watch the interview, visit www.sarahscountry.com

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