Fonterra vote
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
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.
The NZX global dairy update report notes that with demand for dairy products easing slightly during Q4, dairy commodity prices eased throughout, finishing the 2022 year at two-year lows.
The balance of global demand and supply continues to look very supportive for dairy prices, according to ASB economist Chandna Bedi.
Dairy prices are expected to recover more lost ground, says Westpac senior agri economist Nathan Penny.
Global dairy prices are retreating as Omicron takes hold in more Chinese cities, disrupting the world's biggest market.
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
OPINION: Politicians and Wellington bureaucrats should take a leaf out of the book of Canterbury District Police Commander Superintendent Tony Hill.