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11 May 2024 8:10
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      Home > News > Rural

    Another stunning result in the latest dairy auction

    Another stunning result in the latest dairy auction


    Prices have officially surpassed their peak of 2013.

    Overall prices are up 5.1 percent at the latest Global Dairy Trade auction this morning.

    The crucial whole milk powder price is up 5.7 percent.

    The price of skim milk powder is up 4.7 percent, while butter is up 5.9 percent.

    There have been four big increases in prices since the last dip - a small one - at the beginning of January.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     23 Apr: Sheep farmers are being urged to hang on
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
     13 Mar: Sheep and beef farmers are looking down the barrel of their worst year in 15 years
     07 Mar: Sheep and goat milk farmers are being left with few options as the sector grinds to a halt
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