World Dairy Prices Dip a Bit

For the first time since November, world dairy prices slid backwards, dipping 1.2% in the aggregate on Global Dairy Trade auction in New Zealand today.
Volume was very light, with just 15,510 metric tons changing hands.
But it wasn’t all doom and gloom. Cheddar cheese shot up 15.2% to $ 2.20/lb. Skim milk powder (SMP) was up&n...