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Dairy Australia Fortnightly Update 13/12/2013

Dairy Australia Fortnightly Update

Categories: Dairy, Commodities

Key points for the fortnight ending 15/11/2013 include:

  • Fonterra this week announced an unchanged 2013/14 Farmgate Milk Price forecast.
  • Commodity prices were stronger again at the 5 December GlobalDairyTrade (GDT) auction.
  • US cooperative Land O’Lakes will soon become the second US seller on GDT and the sixth SMP seller.
  • Australia concludes Korea-Australia Free Trade Agreement (KAFTA).
  • Warrnambool Cheese & Butter (WCB) takeover in suspended animation.

Source: Dairy Australia


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