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Stu Davidson: HighGround Dairy Consultant on the increase in milk prices
Dairy prices have risen for the first time in four months.
Overall prices are up 2.7% at this morning's latest Global Dairy Trade auction, making up slightly for a 7.4% fall at the last auction three weeks ago.
The news is even better for the all-important Whole Milk Powder price, which is up 5.3%.
HighGround Dairy consultant Stu Davison told Kate Hawkesby that it's too early to say whether this is a turn-around in the trend, or a one-off.
He says it's positive news nonetheless.
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