Displaying items by tag: westpac

Is China's appetite for dairy back on the rise?

Despite last week’s drop in global dairy prices, consensus is emerging among economists that the season’s milk price will end up near $9/kgMS.

What a difference a year can make.

Westpac chief economist Kelly Eckhold says last week's Global Dairy Trade (GDT) auction went much better than feared.

After five consecutive rises, whole milk powder prices dipped in the latest Global Dairy Trade (GDT) auction.

Dairy prices have risen for five consecutive Global Dairy Trade (GDT) auctions, which augurs well for this season’s milk price.

In a win for rural advocacy groups, New Zealand’s five largest banks have agreed to keep regional branches open for three more years.

The final Global Dairy Trade (GDT) auction for the 2023-24 season augurs well the forecast milk price for the new season.

Dairy prices are easing but cost inflation is down across the board, providing some relief to farmers.

Dairy farmers struggling to breakeven can expect better prospects next season.