Sharechat Logo

Dairy prices stabilise

Wednesday 20th April 2011

Text too small?

Dairy commodity prices stabilised at Fonterra's overnight online auction, after having fallen back at the two previous sessions.

The globalDairyTrade trade weighted index edged up 0.1%, with the average winning price rising to US$4293 (NZ$5442), from US$4280 a fortnight ago.

That followed a fall of 2.4% this month and a fall of 8.2% in mid-March. Despite those declines, prices remained at elevated levels.

The trade-weighted price for anhydrous milk fat fell 0.8% overnight with an average winning price of US$5951, skim milk powder fell 0.6% with the average price at US$3771, and whole milk powder rose 0.8% with the average price at US$3912.

 

NZPA



  General Finance Advertising    

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.

Related News:

TruScreen Group Limited (NZX: TRU) Clinical Trial Results Highlight Efficacy of TRU Technology
20th October 2021 Morning Report
Freightways Limited (NZX: FRE) Acquisition of ProducePronto
19th October 2021 Morning Report
PGG Wrightson Limited (NZX: PGW) Guidance Update
Vital Limited (NZX: VTL) Provides Update on PSN LMR
18th October 2021 Morning Report
T&G Global Limited (NZX: TGG) FY21 Earnings Guidance Update
Arvida Group Limited (NZX: ARV) Successful Completion of $155m Placement
FreshLeaf: Cannabis on course to be 'medicine of the masses'