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8 May 2025 17:02
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      Home > News > Rural

    Global dairy prices have skyrocketed

    Global dairy prices have skyrocketed


    The Global Dairy Trade index has jumped to 4.6 percent following the latest auction event today.

    Whole milk powder, which has the biggest influence on farmgate prices in New Zealand, jumped 6.2 percent.

    High Ground Dairy analyst, Stu Davison says it's a big move, more than they'd been expecting.

    He says whole milk powder has seen three year highs - with only two prices in the last five years above the latest price.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     30 Apr: Hopes Fonterra will employ 120 workers, with the closure of a Hamilton milk-powder packaging facility
     21 Mar: The whole economy is expected to feel the positives coming out of the dairy sector
     20 Mar: Fonterra is dishing out dividends, as it reports strong interim results
     20 Mar: Fonterra has delivered a strong interim result for the 2025 fiscal year
     19 Mar: Dairy prices are unchanged, at this morning's Global Dairy Trade auction
     18 Mar: Dairy farmers could be in for two consecutively good seasons for the first time in 25 years
     18 Mar: Dairy farmers are being urged to pay down debt, while they're in a good position to do so
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