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21 May 2022 6:12
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  •   Home > News > Business

    Fear of missing out could explain why New Zealand dairy products are getting top dollar around the world

    Fear of missing out could explain why New Zealand dairy products are getting top dollar around the world


    Fonterra
    Fonterra
    Overall prices are up 4.6 percent.

    Whole milk powder is up 5.6 percent, and skim milk powder's not far behind.

    Fonterra CEO, Miles Hurrell, says the international market's aware of New Zealand's dry conditions, which are expected to affect production.

    He says buyers have finally woken up and realised it's a reality, and have come out of the blocks.

    Hurrell says it's a very positive result

    © 2022 Newstalk ZB, NZCity

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    The All Blacks Sevens have made big improvements leading into this weekend's World Series event in Toulouse More...


    BUSINESS BUSINESS
    It's hoped more competition will come about following the Government's war with the supermarket duopoly More...



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