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24 Nov 2024 15:05
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      Home > News > Rural

    Some good news for farmers, in the last Global Dairy Trade auction before Christmas

    Some good news for farmers, in the last Global Dairy Trade auction before Christmas


    Overall prices are up 1.3 percent on last fortnight -- while the crucial Whole Milk Powder price is up point-five percent.

    Dairy prices have now returned to pre-Covid levels.

    Rabobank has also increased its farmgate milk forecast by 65 cents to seven-dollars per kilo of milk solids.

    It says global demand is holding up, and consumer sentiment is improving.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     20 Nov: Dairy prices have risen another 1.9 percent at this morning's Global Dairy Trade auction
     12 Nov: Another global dairy giant could take over some of Fonterra's most well-known brands
     11 Nov: Good news for Kiwi dairy farmers, and more could be on the way
     06 Nov: Some good news for dairy farmers in today's Global Dairy Trade auction
     22 Oct: A big player in the dairy industry both in New Zealand and abroad, Theo Spierings , has died
     30 Sep: Fonterra is being sued - accused of greenwashing
     30 Sep: Fonterra's released its latest revised strategy, that will see it focus on selling ingredients to businesses, rather than finished food products to consumers
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     Today's News

    		 Wellington:
    A person's injured after a jetski and boat crashed into each other in Porirua this morning 14:57

     Rugby:
    An underwhelming All Blacks outfit have produced a 29-11 victory over Italy in Turin to finish their season with ten wins and four losses 14:37

     Tennis:
    Andy Murray to coach former rival Novak Djokovic for 2025 Australian Open 14:17

     Politics:
    A tenant's been forced to pay thousands, after moving out of a rental property, taking a carport, gate and garden shed with her.l 14:07

     Soccer:
    Phoenix midfielder Paulo Retre will employ his insights of Melbourne Victory into their A-League fixture in Sydney this afternoon 13:27

     Rugby:
    The All Blacks have overcome a mix of errors and wet conditions to beat Italy 29-11 in their final rugby test of the year in Turin 13:07

     Soccer:
    Premier League joy for Postecoglou as Spurs beat Manchester City 4-0 away from home to go sixth on the table 13:07

     Politics:
    New Zealand may not be on track to hit it's 2025 Smokefree goal of under five percent, with the national smoking rate not budging this year 12:37

     Law and Order:
    The first arrest in the capital under the new gang patch ban 11:57

     Law and Order:
    An Auckland chief executive, accused of bashing a pensioner during an alleged road rage attack, involving a luxury sports car, has been granted interim name suppression 11:57

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