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Dairy prices slump in August as US dollar plays havoc

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Dairy prices slump in August as US dollar plays havoc
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After four months of relative stability, global dairy commodity prices fell sharply in the closing weeks of August for free on board Oceania trade, according to Rabobank.

In its latest commodity reports, the banking giant says that the dramatic shift in price momentum in the closing weeks of August reflected a combination of technical and fundamental changes to the market, and changes to sentiment.

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