Andrew Kelleher: JMI Wealth Director says global events are weighing down global dairy prices

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Recorded19 Apr 2022

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Global events are weighing down global dairy prices.Overall prices are down 3.6 percent at the latest Global Dairy Trade auction overnight.The all-important whole milk powder price is down 4.4 percent - while the price of skim milk is down 4.2 percent.JMI Wealth Director Andrew Kelleher told Tim Dower supply is up, and several factors are pulling demand down.“Russia-Ukraine conflict, we’ve had the impact of Covid across various markets, there’s economic crisis in Sri Lanka at the moment, but in particular the lockdowns in China.”LISTEN ABOVESee omnystudio.com/listener for privacy information.

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