Tridge summary
Fonterra, the New Zealand-based dairy company that sets the international standard prices, has raised the average price of its dairy products for the seventh consecutive week, hiking them by 3%. The average price now stands at US $ 3,746 per ton. Notably, whole milk powder, a key product for Paraguayan companies, has seen a 4.3% increase and is now priced at US $ 3,615 per ton, a five-year high. Cheddar cheese was the most valued product with a 2.4% rise, reaching US $ 4,268 per ton, while butter and anhydrous milk fat also saw slight price increases.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The average price of dairy products at Fonterra, the New Zealand multinational that is a reference for the international market, registered a new increase of 3% last week, thus marking the seventh increase in a row. The average reference was US $ 3,746 per ton. Whole milk powder, the main commercial product of Paraguayan companies, appreciated 4.3% and reached a price of US $ 3,615 per ton, the highest value in at least the last five years. Then, the product that grew the most in value at ...
Source: Elagro
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