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Milk Prices Hold as Proteins Shine | Auckland News
Description
Milk prices edged up slightly at the Global Dairy Trade auction, bucking the usual trend of falling prices when supply rises—thanks to strong demand for dairy proteins. While whole milk powder dipped and milk fats softened, skim milk powder hit a 12-month high. Cheese, however, took a major hit, plunging over six percent to its lowest price in five years, highlighting where the market’s pressure is most acute as holiday seasons loom.
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