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Producers’ Prices Whey Down For Dairy Manufacturers
Prices paid to dairy product manufacturers fell sharply in the September 2020 quarter, reversing gains in the March and June quarters, Stats NZ said today.
Despite falling 13 percent in the September quarter, the price level remains relatively high, similar to the highs observed in 2013.
“In the three months to September, prices fell for a variety of dairy products traded in the Global Dairy Trade auction, dipping from higher levels seen earlier in the year,” business prices delivery manager Bryan Downes said.
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