Strong production, tested demand send milk prices crashing
Strong global milk production and rebalancing of demand among key buyers has delivered one of the biggest drops in whole milk powder prices in recent years.
Last week, three days before the GDT auction, the party issued a statement predicting the GDT price index would drop 10%; it dropped by 7%.
We wonder what Peters' crowd is trying to do, but we're certain that inaccurate predictions about GDT and heaping more misery on farmers are helping no one.
