Displaying items by tag: Nathan Penny

Rampant dairy prices may force Fonterra to cap its farm-gate milk price for this season, according to Westpac senior agri economist Nathan Penny.

At least one analyst is now predicting an all-time record farmgate milk price this season.

Fonterra's decision last week to retain its wide forecast milk price range is sensible, says Westpac senior agri economist Nathan Penny.

The run of eight consecutive falls in the Global Dairy Trade price index has finally ended.

The forecast $8/kgMS milk price for this season is under threat.

Dairy prices have continued their recent downhill run, but the forecast milk price isn't under threat.

With just one more Global Dairy Trade (GDT) auction left for the 2020-21 season, bumper dairy price gains recorded in March remain intact.

At least one bank is forecasting an $8 opening forecast farmgate milk price for the next season.

Strong dairy prices point to a record opening forecast farmgate milk price for the next season.

Dairy prices at last week's Global Dairy Trade auction remained largely unchanged but the news remains positive for New Zealand dairy farmers.