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2 Jun 2020 10:24
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  •   Home > News > Rural

    The coronavirus outbreak is continuing to push down global dairy prices

    The coronavirus outbreak is continuing to push down global dairy prices


    Overall prices are down 2.9 percent at the latest fortnightly auction overnight -- following a 4.7 percent fall two weeks ago.

    The crucial whole milk powder price is down 2.6 percent.

    The price of skim milk powder is down 2.6 percent, while the butter price is down 3.9 percent.

    © 2020 Newstalk ZB, NZCity


     Other Rural News
     29 May: Fonterra says its China dairy import volumes climbed 10.1 per cent in March after two consecutive months of declines
     21 May: Fonterra continues to strengthen its balance sheet
     21 May: Fonterra is on course to inject 11 billion dollars into the economy this year
     05 May: People made redundant from Covid 19 are the target of farmers with jobs to fill on dairy farms
     24 Apr: Dairy giant Fonterra is persisting with its fifteen to twenty cents share forecast in spite of Covid 19's impact on milk trading
     14 Apr: Dairy farmers are facing a dismal milk 5 dollars 60 a kilogram payout forecast next season - because of the coronavirus crisis
     28 Mar: During the coronavirus lockdown many farmers are still struggling with Mycoplasma bovis
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