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22 Nov 2024 3:32
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      Home > News > Rural

    A blip in international dairy prices isn't rattling Fonterra's boss

    A blip in international dairy prices isn't rattling Fonterra's boss


    Fonterra
    Fonterra
    Overall dairy prices slipped just 0.1 percent at last night's Global Dairy Trade auction - despite commentators picking another rise.

    CEO Miles Hurrell says it's a flat - but still good - result, with China still going gangbusters.

    He says four thousand dollars a tonne might've been a bit high for the Middle East and African markets.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     20 Nov: Dairy prices have risen another 1.9 percent at this morning's Global Dairy Trade auction
     12 Nov: Another global dairy giant could take over some of Fonterra's most well-known brands
     11 Nov: Good news for Kiwi dairy farmers, and more could be on the way
     06 Nov: Some good news for dairy farmers in today's Global Dairy Trade auction
     22 Oct: A big player in the dairy industry both in New Zealand and abroad, Theo Spierings , has died
     30 Sep: Fonterra is being sued - accused of greenwashing
     30 Sep: Fonterra's released its latest revised strategy, that will see it focus on selling ingredients to businesses, rather than finished food products to consumers
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