Reports
Westpac - NFF Commodity Index
Higher prices show early signs of combating protectionism
The European Union’s decision to remove dairy export subsidies has been a welcome lift for Australian dairy producers, allowing them to gain some relief through a 13.1% lift in the global dairy price during November.
On the back of this price lift, the Westpac-NFF Commodity Index gained 2.6% during the month, despite the continued strengthening of the Australian dollar.
November/December 2009 (PDF 1.38mb)
November/December 2009 (RTF 32kb)
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