Even dairy prices are soaring: GDT price index +15.0%

Commodity boom in everything extends to milk

Commodity boom in everything extends to milk
Fronterra’s GlobalDairyTrade auction put the average price at $4231, which is a 15.0% increase, including 21.0% in whole milk powder.
Not only is that huge jump, but it’s the 8th consecutive auction with higher prices. Prices are up around 40% since November.