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5 Dec 2024 7:59
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      Home > News > Business

    A decline in most dairy prices at this morning's latest Global Dairy Trade auction

    A decline in most dairy prices at this morning's latest Global Dairy Trade auction


    The price of skim milk powder is down 1-percent, the price of butter is down 5.2, and most other categories have also dropped.

    Overall prices are up 1.2 percent, mostly due to a 4.1 percent rise in the price of whole milk powder.

    High Ground Dairy analyst Stu Davison says the result would be worse, if China didn't have a supply shortfall.

    He says buyers are a little bit hesitant to buy at these prices, except for China and whole milk powder.

    © 2024 Newstalk ZB, NZCity

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     04 Dec: The Titans have denied a release request from the management of club rookie of the year Josiah Pahulu to join the Bulldogs in the NRL
     04 Dec: A popular Wellington food producer has gone bust, after 30 years in businesses
     03 Dec: Energy Resources Aotearoa says gas producers were severely damaged by the previous ban on oil and gas exploration
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    A blow for the All Blacks Sevens side ahead of their second tournament of the new World Series campaign at Cape Town More...

    BUSINESS BUSINESS
    Trademarks that will never be used can be ‘bad faith’ business – a UK case has lessons for NZ and Australia More...


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