Displaying items by tag: EMMA HIGGINS

A weaker New Zealand dollar may help offset the decline in Global Dairy Trade prices, but the reasons behind the lower dollar are more significant to dairy, says Rabobank dairy analyst Emma Higgins.  

A weaker New Zealand dollar may help offset the decline in Global Dairy Trade prices, but the reasons behind the lower dollar are more significant to dairy, says Rabobank dairy analyst Emma Higgins.  

Dairy prices softened slightly again at last week’s Global Dairy Trade Event but results were again mixed, says Rabobank dairy analyst Emma Higgins. 

A shaky start possible, but a strong finish anticipated. That’s the prediction from Rabobank on the 2018-19 season starting June 1.

The second to last Global Dairy Trade (GDT) event for the 2017-18 production season saw the auction’s price index down 1.1%.

Whole milk powder saw a small lift of 1.6% to US$3278/tonne at last week’s GDT auction despite the small decline in overall prices of 1.6%, says Emma Higgins, from RaboResearch.  

Buyers appear comfortable with the current whole milk powder (WMP) prices despite predictions of higher production in New Zealand, says Rabobank dairy analyst Emma Higgins.

Butter prices last week burst through the US$6000/tonne mark for the first time in GDT Event history, hitting US$6004/t for the tenth time this year.

Rabobank dairy analyst Emma Higgins says the overnight dairy auction delivered good and bad news.

The back-to-fat story was reinforced at the latest GDT event with butter up 3.3% to a fresh auction record high of US$5631/t, says ASB senior rural economist Nathan Penny.