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27 Oct 2021 9:50
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  •   Home > News > Rural

    Some good news for farmers, in the last Global Dairy Trade auction before Christmas

    Some good news for farmers, in the last Global Dairy Trade auction before Christmas


    Overall prices are up 1.3 percent on last fortnight -- while the crucial Whole Milk Powder price is up point-five percent.

    Dairy prices have now returned to pre-Covid levels.

    Rabobank has also increased its farmgate milk forecast by 65 cents to seven-dollars per kilo of milk solids.

    It says global demand is holding up, and consumer sentiment is improving.

    © 2021 Newstalk ZB, NZCity

     Other Rural News
     26 Oct: Increased forecast milk payments are a boost for farmers who still face other concerns
     26 Oct: Fonterra has upped its forecast pay-out to farmers, which is expected to pump 13 billion dollars into regional New Zealand
     26 Oct: Farmers are set to receive one of the largest payouts in Fonterra's history
     07 Oct: Some good news could be on the way for dairy farmers
     23 Sep: Fonterra has big plans for the future
     23 Sep: Fonterra's happy it's further reduced debt
     23 Sep: A big decision for Fonterra dairy farmers
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