Displaying items by tag: dairy prices

The worst of the current dairy price cycle may be over, claims Westpac senior agricultural economist Nathan Penny.

Global dairy prices are clawing back lost ground and farmers may need to thank the weather gods for this.

Latest data out of China isn't making good reading for New Zealand dairy farmers.

Fonterra expects demand for its dairy products in China to return next year.

Global dairy prices plunged overnight putting further pressure on a depressed farmgate milk price.

A little bit more darkness is expected before dawn starts to emerge.

Dairy prices have fallen to three-year lows thanks to strong supply and weak demand, mainly for whole milk powder (WMP) from China.

There are signs that the Chinese economy is rebounding after Covid-19, but dairy farmers may need to wait a little longer to reap the full benefits from their biggest market.

With less than three months left in the 2022-23 season, the window for farmgate milk prices to lift is closing.

Dairy prices are showing little sign of a rebound, says BNZ senior economist Doug Steel.