'Dairy leading the charge' as milk powder price jumps again

A Stuff article.

Dairy prices leapt 3 per cent at Tuesday night’s global dairy trade auction, the seventh consecutive lift for the commodity.

Over that run of increases, prices jumped 22.9 per cent and were about 20 per cent higher than a year ago.

All monitored products showed price increases at the most recent auction; the highest price gains went to whole milk powder, which jumped 4.3 per cent, butter 2 per cent, and cheddar 2.4 per cent.

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