Dairy prices stabilise

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

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:

The Warehouse Group confirms leaner operating structure
SML - Synlait provides half year performance update
RYM - Refreshed strategy and new capital management framework
ENS - Clarification of Gina Tuzcet’s status
BGP - 4th Quarter Sales to 25 January 2026
Contact Energy 2026 Half Year Results Presentation
February 2nd Morning Report
VHP - Half year results announcement date and webcast details
Devon Funds Morning Note - 30 January 2026
AIA - Auckland Airport new board appointment