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29 Apr 2024 4:33
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      Home > News > Rural

    Good news for dairy farmers at the latest Global Dairy Trade auction overnight

    Good news for dairy farmers at the latest Global Dairy Trade auction overnight


    Overall prices are up 4.2 percent -- with Whole Milk Powder up 3.4 percent, and Skim Milk Powder up 4.6 percent.

    JMI Wealth Director Andrew Kelleher says after trending downwards for 18 months, prices have been trending consistently upwards since August last year.

    He says today's result is a very strong number, that shows demand is really picking up.

    © 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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