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5 Dec 2024 17:41
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      Home > News > Business

    A decline in most dairy prices at this morning's latest Global Dairy Trade auction

    A decline in most dairy prices at this morning's latest Global Dairy Trade auction

    4 December 2024
    The price of skim milk powder is down 1-percent, the price of butter is down 5.2, and most other categories have also dropped.

    Overall prices are up 1.2 percent, mostly due to a 4.1 percent rise in the price of whole milk powder.

    High Ground Dairy analyst Stu Davison says the result would be worse, if China didn't have a supply shortfall.

    He says buyers are a little bit hesitant to buy at these prices, except for China and whole milk powder.

    © 2024 Newstalk ZB, NZCity


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