Stu Davison from High Ground Dairy provides a detailed analysis of the latest Global Dairy Trade (GDT) auction results overnight.
Davison breaks down the remarkable 5.5% spike in overnight prices, with Whole Milk Powder (WMP) seeing a significant rise and Skim Milk Powder (SMP) also up substantially.
He explains why North Asian buyers, particularly from China, played a significant role in this bullish trend and shares his thoughts on whether the surge signifies a lasting trend or is more of a short-term anomaly.
Listen to the full chat between Stu Davison and Dominic George above.
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