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8 Dec 2025 1:17
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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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     07 Dec: Kiwifruit company Zespri, is confident about the growth potential of the US market - despite ongoing trade disruptions
     07 Dec: New direct flights from Auckland to Chengdu have the potential to boost our Chinese visitor market
     07 Dec: Many Kiwis are changing their online habits to avoid sophisticated AI scams
     05 Dec: Chris Luxon admits many Kiwis still haven't felt the economy turn a corner
     05 Dec: A stepping stone in Auckland Airport's long term goals - as it welcomes a stopover for one of the world's longest commercial passenger services
     05 Dec: What does Vladimir Putin wants from his state visit to India and his meeting with Narendra Modi?
     04 Dec: New Zealand Food Safety has recalled some flavours of Tom and Luke brand Snacka Balls due to hard plastic contamination
     Top Stories

    RUGBY RUGBY
    Kiwi running prodigy Sam Ruthe has comfortably won the national schools 1500 metres title in Hastings More...

    BUSINESS BUSINESS
    Kiwifruit company Zespri, is confident about the growth potential of the US market - despite ongoing trade disruptions More...


     Today's News

    		 Health & Safety:
    There are no new cases of measles today - however authorities are concerned about several locations of interest 21:57

     Law and Order:
    Teenager arrested, police search for second person after fatal Ascot Vale stabbing 21:47

     Environment:
    Warnings of fire-risks from today, as high temperatures, and strong winds are forecast 21:17

     Christchurch:
    Five fire crews and two helicopters have contained a vegetation fire in North Canterbury 20:37

     Motorsports:
    No clear signs of nerves from Formula 1 championship leader Lando Norris ahead of the do-or-die season-ending Abu Dhabi Grand Prix overnight 18:57

     Politics:
    A reshuffle in Te Pati Maori is likely on the cards, with the party's AGM today 18:37

     Law and Order:
    Police say they're still hunting for others involved in a fatal attack on man in Auckland's Mount Wellington on Friday 18:17

     Golf:
    Birdies on the 10th and 13th holes have Kiwi Daniel Hillier just two shots off the lead on the back nine of the final round of the Australia golf Open at Royal Melbourne 18:07

     Politics:
    Former top-cop Andrew Coster's suggested government ministers haven't told the whole truth about their knowledge of the Jevon McSkimming case 17:27

     Cricket:
    Black Caps spinner Ajaz Patel has just surpassed 400 first-class wickets while playing for the Central Stags in their four-day Plunket Shield match against Canterbury in Napier 17:27

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