International milk prices took a fall in the latest Global Dairy Trade auction, concerning exporters and analysts.

The GDT Price Index was down 4.3 percent across the board, with an average selling price of $3,100 per metric ton.

The Country's Jamie Mackay says analysts will be reaching for the red pens to cut milk price forecasts.

LISTEN ABOVE

International milk prices took a fall in the latest Global Dairy Trade auction, concerning exporters and analysts.
The GDT Price Index was down 4.3 percent across the board, with an average selling price of $3,100 per metric ton.
The Country's Jamie Mackay says analysts will be reaching for the red pens to cut milk price forecasts.
LISTEN ABOVE

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