Displaying items by tag: Milk prices

Dairy prices are falling on the back of weakening global demand for milk products but so is milk supply.

Farmers grappling with rising costs received some good news last week.

Westpac senior agricultural economist Nathan Penny expects prices to remain elevated as global supply remains very tight.

Dairy prices dipped in the latest global auction but this didn't stop ASB Bank from revising its 2022-23 season forecast milk price to $10/kgMS.

OPINION: Given what's happening around the world, New Zealand dairy farmers are on to a pretty good thing with its internationally envied farming system.

Fonterra farmers start the new season this week on a high note.

Covid restrictions in China are likely to slightly dampen milk powder imports into that country, according to Stefan Vogel, Rabobank research general manager for Australia and New Zealand.

Global dairy prices are retreating as Omicron takes hold in more Chinese cities, disrupting the world's biggest market.

The country's second largest milk processor is paying farmer suppliers a record milk price of $10.06/kgMS this month.

Economists are ruling out two straight seasons of a record farmgate milk price.