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23 Feb 2026 18:47
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      Home > News > Business

    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.

    © 2026 Newstalk ZB, NZCity

     Other Business News
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     Top Stories

    RUGBY RUGBY
    Early positive signs for young Highlanders' loose forward Lucas Casey More...

    BUSINESS BUSINESS
    People appear to have regained confidence it's okay to shop More...


     Today's News

    		 Rugby:
    Early positive signs for young Highlanders' loose forward Lucas Casey 18:37

     Entertainment:
    Luke Combs has become a dad for a third time 18:21

     General:
    What worked for Milano Cortina may not work for Brisbane 2032, but this is the new Olympic norm 18:17

     Health & Safety:
    A baby that died during a nurse's hour-long break in the middle of the night, should have been checked 18:07

     Entertainment:
    Donald Trump thinks Andrew Mountbatten-Windsor's arrest was a "very sad thing" 17:51

     Business:
    People appear to have regained confidence it's okay to shop 17:27

     Entertainment:
    Hailey Bieber's 2022 health scare prompted her to create Rhode 17:21

     Business:
    Wallets appear to opening again - across the country 16:57

     Entertainment:
    Hilary Duff found her return to the music industry to be "scary" 16:51

     Motoring:
    Northbound lanes have reopened at Orewa - after a three-vehicle crash and diesel spill on State Highway One, this afternoon - in northern Auckland 16:47

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