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5 Mar 2021 1:09
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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
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     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
     04 Dec: Fonterra farmers will share an extra 300 million dollars from a lifted milk price...thanks to strong demand from China
     04 Dec: Fonterra is waiting on regulators to clear the sale of its Chinese farms
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