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8 Oct 2024 3:20
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  •   Home > News > Business

    Dairy prices are continuing their upward rise

    Dairy prices are continuing their upward rise


    Fonterra
    Fonterra
    Overall prices have risen 1.2 percent at the latest Global Dairy Trade auction overnight.

    Whole Milk Powder is up 3-percent, Skim Milk Powder down 0.6.

    The GDT Price Index has reached its highest point since its record-breaking spike two years ago.

    Fonterra has already anticipated the rise -- raising its forecast Farmgate Milk Price mid-point last week from 8-dollars-50 to 9-dollars.

    © 2024 Newstalk ZB, NZCity

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    Fears a seabed mining project could undermine plans to bolster renewable energy More...



     Today's News

    International:
    Middle East war live updates: Hundreds of Australians fleeing from Lebanon land in Sydney on the first of two repatriation flights 22:37

    Auckland:
    A motorcyclist is in critical condition after crashing on the Northwestern to Southern Link in Auckland's Eden Terrace tonight 21:57

    Christchurch:
    A second person has died after a crash last week in Canterbury's Kirwee, on West Coast Road, State Highway 73 21:17

    Law and Order:
    Two people have been charged with murder after a man's body was found lying on a road in Auckland's Point England over the weekend, 20:39

    Business:
    Fears a seabed mining project could undermine plans to bolster renewable energy 18:57

    Rugby:
    The return of halfback Cam Roigard from a long injury lay-off is the only change to the All Blacks squad for the upcoming five-test Northern Hemisphere tour 18:37

    International:
    A Fat Bear Week rematch could be on the cards as heavyweights progress to finals 18:17

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    Entertainment:
    A year on, the memories of October 7 still haunt Israelis 17:47

    Business:
    Speculation New Zealand's Official Cash Rate could follow in response to changes in the US 17:27


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