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7 May 2025 12:46
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      Home > News > Business

    Global dairy prices have skyrocketed

    Global dairy prices have skyrocketed

    7 May 2025
    The Global Dairy Trade index has jumped to 4.6 percent following the latest auction event today.

    Whole milk powder, which has the biggest influence on farmgate prices in New Zealand, jumped 6.2 percent.

    High Ground Dairy analyst, Stu Davison says it's a big move, more than they'd been expecting.

    He says whole milk powder has seen three year highs - with only two prices in the last five years above the latest price.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     07 May: The unemployment rate has stayed static for another quarter
     07 May: The upcoming unemployment rate is expected to reflect a difficult period for the economy
     07 May: Mixed opinions on when unemployment will reach its peak
     07 May: The future of Christchurch's water services is under the spotlight
     06 May: The Commerce Commission's filed criminal charges against Woolworths - alleging inaccurate pricing and misleading specials
     06 May: The Government will make major savings over the coming years by outperforming on its housings goals
     06 May: Another mixed bag when it comes to the state of Kiwis' finances
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     Today's News

    		 Entertainment:
    Simone Biles and Jonathan Owens will be "cohesive with one another" at the Met Gala 12:28

     General:
    Olympic canoeing great Dame Lisa Carrington will be keeping busy during her year's absence from international competition 12:27

     Soccer:
    Inter Milan are into the Champions League football decider 12:07

     Entertainment:
    Khloe Kardashian has used fillers to hide "a really big indention" on her face 11:58

     Law and Order:
    Twice-convicted double-murderer Mark Lundy has been released from prison 11:57

     Business:
    The unemployment rate has stayed static for another quarter 11:37

     Entertainment:
    LeBron James won't attend the Met Gala after suffering a knee injury 11:28

     Education:
    Auckland Transport says it will be working closely with emergency services and bus operator Ritchies after a crash in South Auckland this morning 11:27

     Education:
    Queensland scientists racing against clock to tackle 'unprecedented' environmental threat of melioidosis 11:17

     National:
    The ‘feminisation’ of Labor is a key reason Australians embraced it – and Anthony Albanese 11:17

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