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8 Oct 2024 15:42
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  •   Home > News > Business

    Dairy prices are continuing their upward rise

    Dairy prices are continuing their upward rise


    Fonterra
    Fonterra
    Overall prices have risen 1.2 percent at the latest Global Dairy Trade auction overnight.

    Whole Milk Powder is up 3-percent, Skim Milk Powder down 0.6.

    The GDT Price Index has reached its highest point since its record-breaking spike two years ago.

    Fonterra has already anticipated the rise -- raising its forecast Farmgate Milk Price mid-point last week from 8-dollars-50 to 9-dollars.

    © 2024 Newstalk ZB, NZCity

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