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11.16
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Milk prices decreasing supply

On the international market for milk and milk products depleting the supply and prices. As can be today's result of the first Fonterra GDT auction this month together.
The index rose by 11.4% on an average price of 3.327 USD/tonne. In the previous auction, the second in October, rose 1.4% for the index.
Today auctioned 27.735 tons of milk products. The amount was 12% less than in the previous auction.
Two auctions per month offered by Fonterra, the world's largest dairy exporter, the next will take place on November 15.

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