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2 Jun 2025 16:18
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      Home > News > Rural

    Global dairy prices have skyrocketed

    Global dairy prices have skyrocketed


    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 Rural News
     29 May: Good news for Fonterra dairy farmers - accompanied by a "but"
     29 May: Flood-hit dairy farmers are struggling, and it may mean higher milk prices
     29 May: Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon
     26 May: Farmers are sounding the alarm - warning the sheep industry is collapsing
     25 May: Strong global dairy commodity prices are expected to be good news for farmers this season
     22 May: New Zealand farmers are benefiting from a dairy renaissance
     30 Apr: Hopes Fonterra will employ 120 workers, with the closure of a Hamilton milk-powder packaging facility
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