Overnight results from the Global Dairy Trade auction showed prices rising more than 6 percent, reversing a slide that had seen the index fall nine times in five months. The lift comes after fears that farming, one of the few bright spots in last year’s economy, may have already peaked. The increase was stronger than anticipated. Cristina Alvarado, head of dairy insights at the New Zealand Exchange, said a rise had been expected, but the size…
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