HighGround Dairy expert Stu Davison chats with Dom about the latest Global Dairy Trade auction results, which he says largely reflect predictions across the industry.
Overall, Davison explains that prices saw a promising increase, driven by a notable rise in Whole Milk Powder (WMP) while Skim Milk Powder (SMP) also performed robustly despite European prices declining due to bluetongue disease.
He also discusses strategic trade agreements with the United Arab Emirates (UAE) and other regions, shedding light on New Zealand's shift from sheep to dairy farming due to economic and land use changes.
Listen to the full chat between Stu Davison and Dominic George above.
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