GROWTH in global milk supply is slowing and markets are paying attention. This 4s supporting a positive start to 2015 following months of downward trends.However, despite favourable indications, commodity prices remain well down on the peaks of 12 months ago (and below five-year averages), with the restoration of greater supply-demand balance remaining susceptible to disruption.Recent GlobalDairyTrade (GDT) auction results suggest the market may finally be lifting from a late 2014 floor, with the overall weighted average up 17% since the start of the calendar year. The February 17 event (#134) provided the biggest increase: 10.1% on average..
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