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20 Apr 2024 14:05
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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.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
     13 Mar: Sheep and beef farmers are looking down the barrel of their worst year in 15 years
     07 Mar: Sheep and goat milk farmers are being left with few options as the sector grinds to a halt
     21 Feb: Dairy prices are up 0.5 percent at the latest Global Dairy Trade auction overnight
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