News | Business
2 Jul 2022 7:49
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Seismic global events have left the milk market on shaky ground

    Seismic global events have left the milk market on shaky ground


    Rabobank's latest Dairy Seasonal Outlook forecasts a farmgate milk price of nine-dollars per kilogram of milk solids, for the 2022 to 2023 dairy season.

    But it says farmers need to control costs and manage their risks - thanks to an uncertain outlook.

    Senior agricultural analyst Emma Higgins says ongoing lockdowns in China - where about 45 percent of our dairy exports go - have weakened demand.

    Higgins says the war in Ukraine is also putting pressure on input costs.

    She says there's been a broad-based upswing in commodity prices affecting fertiliser, fuel and feed.

    © 2022 Newstalk ZB, NZCity

     Other Business News
     02 Jul: Fears more New Zealand cheeses could be in the firing line of a European Union trade deal
     01 Jul: The Reserve Bank has offered a window into the future of building wealth through home ownership
     01 Jul: A new One Roof report suggests the house price gains of 2021 are being wiped out
     30 Jun: A 33-year-old man has been airlifted off a commercial fishing boat off the coast of Christchurch, suffering serious to moderate injuries
     30 Jun: A South Island farmer says sectors only advance by bringing in changes - that are ideally better
     30 Jun: An extra 30-dollars in the pocket this September for Auckland electricity account holders
     30 Jun: A matter of time before small businesses further contribute to inflation
     Top Stories

    RUGBY RUGBY
    The upsets have continued in the women's draw at Wimbledon More...


    BUSINESS BUSINESS
    Fears more New Zealand cheeses could be in the firing line of a European Union trade deal More...



     Today's News

    Accident and Emergency:
    There's been a serious crash in Ashhurst, near Palmerston North 7:39

    Politics:
    Sanna Marin has defied Vladimir Putin in joining NATO. It could be Finland's 'most important moment' 7:29

    Law and Order:
    Two men are due to appear in the Whakatane District Court today charged with murder 7:29

    Entertainment:
    Travis Barker's stepdaughter has thanked fans for their "love and prayers" amid his hospitalisation 7:21

    Business:
    Fears more New Zealand cheeses could be in the firing line of a European Union trade deal 7:19

    Accident and Emergency:
    Bay of Plenty police are searching for the driver of a ute involved in a crash overnight 7:09

    Rugby:
    The upsets have continued in the women's draw at Wimbledon 7:09

    Entertainment:
    James Bond is being "reinvented" and the next movie is "at least two years away" from filming 6:51

    Entertainment:
    Jaime Winstone has confirmed her engagement 6:21

    International:
    Xi Jinping leaves mainland China for the first time in years as Hong Kong marks the halfway point for 'One Country, Two Systems' 4:29


     News Search






    Power Search


    © 2022 New Zealand City Ltd