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21 Oct 2021 21:11
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  •   Home > News > Rural

    It seems dairy prices are on a roll

    It seems dairy prices are on a roll


    Prices at the latest Global Dairy Auction are up by 4.2 percent.

    The biggest increases were for skim milk powder - up by 10.3 percent and lactose - up by 7.9 percent.

    It's the fourth lift in prices in a row, following a nearly 20 percent fall from around May to November last year.

    Andrew Kelleher from JMI Wealth says there's been a bounce back, particularly with skim milk, which is one of the more important components.

    He says farmers will be happy and it will give the agricultural sector a bit of confidence.

    © 2021 Newstalk ZB, NZCity

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