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22 Nov 2025 18:05
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      Home > News > Business

    A sharemarket expert says a drop in global dairy prices was somewhat expected

    A sharemarket expert says a drop in global dairy prices was somewhat expected


    Fonterra
    Fonterra
    It comes amid growing fears following the outbreak of the deadly coronavirus in China.

    Overall, prices at Fonterra's latest overnight auction are down 4.7 percent on a fortnight ago.

    JMI Wealth Director Andrew Kelleher says they're putting it down to a sentiment-driven sell off.

    He says market weakness was expected.

    © 2025 Newstalk ZB, NZCity

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