Displaying items by tag: dairy prices

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.

It's been another bad morning for the dairy industry.

On-shelf dairy prices for consumers in China are too high so demand is not growing, says Fonterra's chief executive Theo Spierings.

NZ dairy farmers need to keep the focus on the cost of production, because New Zealand is the only system in the world that can live through the current volatility, says Fonterra chief executive Theo Spierings.

Fonterra board aspirant Ashley Waugh is questioning why the co-op's payout is never substantially ahead of other milk processors.

Global Dairy Trade prices are coming back relatively quickly and Fonterra expects whole milk powder prices to keep climbing over the next six months, says Fonterra chairman John Wilson.

The latest Global Dairy Trade (GDT) auction has delivered more good new for dairy farmers.

Dairy farmers will be feeling some relief this morning with the latest Global Dairy Trade auction seeing its third consecutive rise.

The past year has tested many assumptions made about the world dairy market, most importantly that there was a once-bottomless market being driven by the urbanisation miracle occurring in China.

Queensland farmers have received a sobering message about the effects of a supermarket war on the price of milk and dairy products.