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2 Apr 2025 23:20
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      Home > News > Rural

    A pleasant surprise for Fonterra at how much dairy prices have risen at the latest Global Dairy Trade auction

    A pleasant surprise for Fonterra at how much dairy prices have risen at the latest Global Dairy Trade auction


    Overall prices are up 4.6 percent.

    The all-important Whole Milk Powder price is up 5.6 percent, with skim milk powder not far behind.

    Fonterra CEO, Miles Hurrell, says the size of the increase took him by surprise, but shows the international market's aware of the dry conditions in New Zealand.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     21 Mar: The whole economy is expected to feel the positives coming out of the dairy sector
     20 Mar: Fonterra is dishing out dividends, as it reports strong interim results
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     19 Mar: Dairy prices are unchanged, at this morning's Global Dairy Trade auction
     18 Mar: Dairy farmers could be in for two consecutively good seasons for the first time in 25 years
     18 Mar: Dairy farmers are being urged to pay down debt, while they're in a good position to do so
     19 Feb: Fonterra has chosen to name its consumer business Mainland Group -- rather than Anchor - as it looks for a buyer, through either a trade sale or an Initial Public Offering
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