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17 Aug 2022 16:41
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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.

    © 2022 Newstalk ZB, NZCity

     Other Rural News
     24 Jun: Farmers says a stock control bylaw being proposed by the Tasman District Council, will be impossible for farmers to comply with
     23 Jun: Fonterra has lifted its Farmgate Milk Price to a new record high
     22 Jun: Dairy prices have dipped 1.3 percent at the latest Global Dairy Trade auction overnight
     17 Jun: Fertiliser co-operative Ballance say they are beginning to produce their own fertiliser
     08 Jun: Fonterra is buying back 50 million dollars' worth of its own shares
     08 Jun: Fonterra has announced a 50-million dollar share buyback
     08 Jun: Dairy prices have risen in the first Global Dairy Trade auction of the new season
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