Dairy auction prices rise 2.4%

Dairy commodity prices strengthened at Fonterra's overnight online auction, with the global DairyTrade trade weighted index rising 2.4%, and the average winning price up to $US3690 ($NZ4989) from $US3594 a fortnight ago.

For anhydrous milk fat, the trade weighted price rose 0.7% to an average $US5380, butter milk powder was down 0.7% to $US3020, skim milk powder lifted 2.5% to $US3128, and whole milk powder gained 2.6% to $US3620.

NZPA

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

April 8th Morning Report
ATM - In principle agreement to settle shareholder class action
SUM - 1Q26 Metrics - Sales of Occupation Rights
GMT corporatised and stapled structure completed
April 7th Morning Report
KMD completes Placement and Institutional Entitlement Offer
SML - North Island asset sale completed
RAD - Radius Care Expansion Continues with Care Home Acquisition
PFI - Property for Industry Limited Bond Offer Final Terms Sheet
April 1st Morning Report