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26 Jun 2022 2:54
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  •   Home > News > Rural

    Dairy farmers have plenty to be positive about, despite the recent drop in global dairy prices

    Dairy farmers have plenty to be positive about, despite the recent drop in global dairy prices


    Overall prices are down 3.6 percent at the latest auction overnight.

    The all-important whole milk powder price is down 4.4 percent, while the skim milk powder price has dropped 4.2 percent.

    But The Country's Rowena Duncum says despite the challenging global conditions, the forecast farmgate milk price is still at a record high.

    She says while the drop isn't ideal, the situation could be a lot worse.

    © 2022 Newstalk ZB, NZCity

     Other Rural News
     24 Jun: Farmers says a stock control bylaw being proposed by the Tasman District Council, will be impossible for farmers to comply with
     23 Jun: Fonterra has lifted its Farmgate Milk Price to a new record high
     22 Jun: Dairy prices have dipped 1.3 percent at the latest Global Dairy Trade auction overnight
     17 Jun: Fertiliser co-operative Ballance say they are beginning to produce their own fertiliser
     08 Jun: Fonterra is buying back 50 million dollars' worth of its own shares
     08 Jun: Fonterra has announced a 50-million dollar share buyback
     08 Jun: Dairy prices have risen in the first Global Dairy Trade auction of the new season
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