World Dairy Prices Decline Confirmed

   Date:2008/05/08     Source:
International dairy prices dropped 4.9% on month in April 2008, according to a report released by ANZ.

The world dairy product price index had been rising for 15 months in a row to reach a peak in November 2007 but has since been falling except for one month.

The April 2008 figure is still up 24% on April 2007, and 105% higher than on its most recent low point, in August 2006.

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