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29 Mar 2020 22:37
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  •   Home > News > Rural

    Global dairy prices have taken a hit, following the outbreak of the deadly coronavirus in China

    Global dairy prices have taken a hit, following the outbreak of the deadly coronavirus in China


    Fonterra
    Fonterra
    Overall prices are down 4.7 percent at Fonterra's latest overnight auction.

    The crucial whole milk powder price has been particularly affected -- down 6.2 percent from a fortnight ago.

    The skim milk powder price is also down -- falling 4.2 percent on a fortnight ago.

    This auction's fall comes on the back of two rises.

    © 2020 Newstalk ZB, NZCity


     Other Rural News
     28 Mar: During the coronavirus lockdown many farmers are still struggling with Mycoplasma bovis
     24 Mar: Heightened health protocols will cause only minor hold-ups to Fonterra's milk operations through the four-week lockdown
     18 Mar: Fonterra says demand's still strong for dairy in China, as it weathers its Covid-19 outbreak
     05 Mar: Longstanding Fonterra chairman, John Monaghan, is stepping down from the dairy co-operative's board
     19 Feb: The coronavirus outbreak is continuing to push down global dairy prices
     15 Jan: The Revenue Minister says he's asked officials to look at the tax issues around Mycoplasma bovis
     15 Jan: Federated Farmers are asking the Government to change tax legislation for farmers dealing with Mycoplasma bovis
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