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KM Financial Solutions | UPDATE 1-Dairy prices fall as New Zealand production shows signs of recovery
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UPDATE 1-Dairy prices fall as New Zealand production shows signs of recovery

02 Apr UPDATE 1-Dairy prices fall as New Zealand production shows signs of recovery

Posted at 21:34h in News by
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(Updates throughout)
WELLINGTON, April 4 (Reuters) – Global dairy prices dropped
for a fourth consecutive time at a fortnightly auction on
Wednesday as production in New Zealand showed signs of a
potential turnaround after weak levels earlier in the season.
The world’s largest dairy exporter curbed its supply late
last year due to unusually dry weather.
Leading company Fonterra Co-operative Group Ltd
reported on Tuesday a 2 percent drop in New Zealand output
volume in Febru

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