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24 Nov 2024 13:06
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  •   Home > News > Rural

    Dairy farmers may actually welcome the latest drop in dairy prices

    Dairy farmers may actually welcome the latest drop in dairy prices


    Fonterra
    Fonterra
    Overall prices have fallen 3.8 percent at Fonterra's latest Global Dairy Trade auction overnight, following a 15 percent rise a fortnight ago.

    The crucial whole milk powder price is down 6.2 percent, following a 21 percent rise two weeks ago.

    The Country's Rowena Duncum says the minor correction isn't necessarily a bad thing.

    She says if dairy prices had been up again, it would have made many people uneasy.

    © 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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