| Dairy commodity prices have risen sharply in recent weeks, led by skimmed milk powder (SMP), with world market prices (fob western Europe) in mid-August standing at US$3 000-$3 300/t, up $300-$500/t from the end of June and just short of the average price a year ago ($3 375/t).
It is a similar story across Europe - French SMP spray prices, for example, are now at their highest level since March 2011, while Dutch prices have climbed 16% in the space of a month...............................................Full Article: Source
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