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ANZ note that "the GlobalDairyTrade.....>

NEW ZEALAND
NEW ZEALAND: ANZ note that "the GlobalDairyTrade index has fallen over 15% since
May. On the back of these declines, and expectations that prices will moderate
further in the near term, we have revised down our forecast milk price to
$6.40/kg MS for the 2018/19 season (previously $6.75/kg MS)."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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