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5 Dec 2024 8:08
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      Home > News > Business

    A decline in most dairy prices at this morning's latest Global Dairy Trade auction

    A decline in most dairy prices at this morning's latest Global Dairy Trade auction


    The price of skim milk powder is down 1-percent, the price of butter is down 5.2, and most other categories have also dropped.

    Overall prices are up 1.2 percent, mostly due to a 4.1 percent rise in the price of whole milk powder.

    High Ground Dairy analyst Stu Davison says the result would be worse, if China didn't have a supply shortfall.

    He says buyers are a little bit hesitant to buy at these prices, except for China and whole milk powder.

    © 2024 Newstalk ZB, NZCity

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    A blow for the All Blacks Sevens side ahead of their second tournament of the new World Series campaign at Cape Town More...

    BUSINESS BUSINESS
    Trademarks that will never be used can be ‘bad faith’ business – a UK case has lessons for NZ and Australia More...


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