Brad Olsen: Infometrics Principal Economist on the 2.3% increase in Dairy Prices

Dairy prices are continuing to rise.  Overall prices are up 2.3% in the latest Global Dairy Trade auction overnight, the fourth consecutive rise this summer.  Prices are down about a third from the record high reached in March 2022 but up about a quarter on the low reached in August last year.  Infometrics Principal Economist Brad Olsen says told Tim Dower that it's a positive sign.  He says the index is now at its highest level in almost 12 months, which points to some kind of recovery.  LISTEN ABOVE See omnystudio.com/listener for privacy information.