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19 Apr 2024 17:34
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  •   Home > News > Business

    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

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