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29 May 2022 8:58
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  •   Home > News > Business

    Fear of missing out could explain why New Zealand dairy products are getting top dollar around the world

    Fear of missing out could explain why New Zealand dairy products are getting top dollar around the world


    Fonterra
    Fonterra
    Overall prices are up 4.6 percent.

    Whole milk powder is up 5.6 percent, and skim milk powder's not far behind.

    Fonterra CEO, Miles Hurrell, says the international market's aware of New Zealand's dry conditions, which are expected to affect production.

    He says buyers have finally woken up and realised it's a reality, and have come out of the blocks.

    Hurrell says it's a very positive result

    © 2022 Newstalk ZB, NZCity

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     27 May: A Wellington City Councillor says it's impossible to say no to the 37-million dollars more needed to strengthen the town hall
     26 May: Hopes new measures will prevent ramraids
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    The All Blacks Sevens have cruised into the Cup quarter-finals at the World Series leg in London More...


    BUSINESS BUSINESS
    Chemicals maker DGL has announced it will delist from the NZX next month ... and retain a sole listing on the Australian Stock Exchange More...



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