Stu Davison from High Ground Dairy chats with Julia Jones about the recent Global Dairy Trade auction results.
He delves into some of the key takeaways from the auction highlighting the results of Whole Milk Powder (WMP) and Skim Milk Powder (SMP) as surprising, emphasising the importance of understanding market volatility.
Davinson touches on the fact that Middle Eastern and Southeast Asian buyers were largely absent, with China reemerging as the dominant buyer, bucking the trend from previous recent auctions.
He also talks about New Zealand's peak milk production and its potential influence on future cream prices.
Listen to the full chat between Stu Davison and Julia Jones above.
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