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8 May 2025 8:08
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      Home > News > Business

    Global dairy prices have skyrocketed

    Global dairy prices have skyrocketed

    7 May 2025
    The Global Dairy Trade index has jumped to 4.6 percent following the latest auction event today.

    Whole milk powder, which has the biggest influence on farmgate prices in New Zealand, jumped 6.2 percent.

    High Ground Dairy analyst, Stu Davison says it's a big move, more than they'd been expecting.

    He says whole milk powder has seen three year highs - with only two prices in the last five years above the latest price.

    © 2025 Newstalk ZB, NZCity


     Other Business News
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     07 May: Transpower says upgrading the Cook Strait electricity cable would come at a very small cost to consumers
     07 May: Property prices have fallen across country for a second time this year
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     07 May: Businesses appear to be reducing full-time hires - at a time unemployment has stayed static
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