An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
The GDT price index jumped by 11.4 per cent but the price of whole milk powder - which has the greatest influence over Fonterra's farmgate milk price - shot up by a much stronger than expected 20 per cent to US$3317/tonne.
Milk price surges to highest point in 2 years https://t.co/rxYZHnzq6H pic.twitter.com/fGB7O3fzjz
— Blimling&Associates (@Blimling) November 2, 2016
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