Displaying items by tag: dairy prices

Dairy prices on Global Dairy Trade (GDT) are correcting faster than anticipated.

Dairy prices continue to fall, but an $8/kgMS forecast milk price this season is still on the cards, say analysts.

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

The country's second largest milk processor expects soaring global dairy prices to stabilise at some point.

The stage is set for another rise in Fonterra’s forecast milk payout following a fifth straight jump in Global Dairy Trade (GDT) prices.

Prime Minister John Key says Fonterra is moving up the value added chain as best it can, but needs to do more.

Fonterra farmers have been told their longevity in business will be determined by their performance during their worst years.

EU milk production growth is slowing, says ASB's rural economist Nathan Penny.

The GlobalDairyTrade price index was up 1.4% over night, with whole milk powder up 5.5%.

A drop in fresh milk prices by 14% contributed to food prices falling by 1.3% in the year to December 2015, Statistics New Zealand says.