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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (90438)5/19/2012 4:40:30 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 218789
 
Milk prices have been falling so Idaho will be smelling less of money. Down 30% reuters.com

<Fonterra's Global Dairy Trade-Trade Weighted Index, which covers a range of 30 products and contract periods on offer, dropped 6.4 percent, with an average selling price of $2,618 per tonne.
It was the third consecutive fall in the index at the fortnightly auctions. So far this year there have been only two rises out of the 10 auctions.

Prices fell for most dairy products on offer, with the largest decline seen in anhydrous milk fat, which fell 11.9 percent. Skim and milk powder also posted hefty falls, while rennet casein was the only one of the main products to manage a lift.

The index, which hit a near four-year peak in March last year, has fallen 33 percent over the past year, and was at its lowest level since August 2009.
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Mqurice