The FAO Dairy Price Index - January 2017
The FAO Dairy Price Index averaged 193 points in January, unchanged from December. Prices were little changed across the board, a marked departure from the trend recorded in the second half of 2016, when the Index jumped by 50 percent (May-December). With peak seasonal production moving from the southern to the northern hemisphere and many major buyers having secured adequate supplies in earlier months, trade remained subdued.
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