New Zealand dairy prices drop to two-year low

Dairy prices have slumped to their lowest level in two years, taking some of the shine off New Zealand’s “rock star” economy. Prices were down 8.4 per cent at the GlobalDairyTrade auction overnight, only a week after Fonterra cut its milk price farmer payout forecast by $1 a kilogram of …

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New Zealand dairy prices drop to two-year low

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