Milk prices nudge to 40c/L as weather takes it toll on supplies

Milk yields are back 10pc in some regions due to the poor weather of recent weeks. Photo: Stock image

Margaret Donnelly

Dairy processors have nudged base milk prices in the direction of 40c/L ahead of peak production, saying global dairy markets are looking relatively positive.

However, milk yields are back 10pc in some regions due to the poor weather of recent weeks.