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26 Apr 2024 10:00
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  •   Home > News > Rural

    Global dairy prices have taken a hit, following the outbreak of the deadly coronavirus in China

    Global dairy prices have taken a hit, following the outbreak of the deadly coronavirus in China


    Fonterra
    Fonterra
    Overall prices are down 4.7 percent at Fonterra's latest overnight auction.

    The crucial whole milk powder price has been particularly affected -- down 6.2 percent from a fortnight ago.

    The skim milk powder price is also down -- falling 4.2 percent on a fortnight ago.

    This auction's fall comes on the back of two rises.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     23 Apr: Sheep farmers are being urged to hang on
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
     13 Mar: Sheep and beef farmers are looking down the barrel of their worst year in 15 years
     07 Mar: Sheep and goat milk farmers are being left with few options as the sector grinds to a halt
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