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16 Apr 2024 22:07
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      Home > News > Rural

    A blip in international dairy prices isn't rattling Fonterra's boss

    A blip in international dairy prices isn't rattling Fonterra's boss


    Fonterra
    Fonterra
    Overall dairy prices slipped just 0.1 percent at last night's Global Dairy Trade auction - despite commentators picking another rise.

    CEO Miles Hurrell says it's a flat - but still good - result, with China still going gangbusters.

    He says four thousand dollars a tonne might've been a bit high for the Middle East and African markets.

    © 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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