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Raw Milk Production Index in October Rose Considerably MoM

By CnAgri 2019-12-10 13:38:58 Print Tel:861064402118-822 Email: chen.wang@boabc.com

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MOA had not announced the raw milk production index in October till 5th December.
BOABC concludes that the raw milk production index surged substantially in October after the continual slide from May to September. The index in October should be around 107, 4% higher than the 102.4 in September, or 8% higher over October last year.
The combined index of the first ten months in 2019 was 5.5% higher YoY; according to MOA monitoring, the raw milk production during the first ten months was about 5.5% higher YoY.
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