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7 Mar 2021 19:44
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      Home > News > Rural

    Some good news for farmers, in the last Global Dairy Trade auction before Christmas

    Some good news for farmers, in the last Global Dairy Trade auction before Christmas


    Overall prices are up 1.3 percent on last fortnight -- while the crucial Whole Milk Powder price is up point-five percent.

    Dairy prices have now returned to pre-Covid levels.

    Rabobank has also increased its farmgate milk forecast by 65 cents to seven-dollars per kilo of milk solids.

    It says global demand is holding up, and consumer sentiment is improving.

    © 2021 Newstalk ZB, NZCity


     Other Rural News
     05 Mar: Chinese demand has pushed up the expected payout for farmers
     05 Mar: Fonterra has lifted its forecast Farmgate Milk Price
     04 Mar: Fonterra is weighing up a possible increase to its Farmgate Milk Price, following the latest rise in global dairy prices
     02 Mar: Farmer calls to dump the Government's winter grazing rules, are growing in Southland
     25 Feb: Promising news for Fonterra shareholders
     28 Jan: Kiwi dairy farmers are leading the world in low emission production, but there's always room for improvement
     05 Dec: Fonterra farmers are grateful for an extra 20 thousand dollars coming their way when milk markets are so precarious
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