Dairy prices stable

Dairy commodity prices remained stable at Fonterra's overnight online auction, with the globalDairyTrade trade weighted index edging down 0.1%.

That followed a similarly small 0.1% rise at the previous event a fortnight ago, after declines of 2.4% earlier in April and 8.2% in mid-March.

The average winning price overnight was US$4367 (NZ$5470), compared to US$4293 a fortnight ago.

The trade weighted price for anhydrous milk fat fell 4.6% with the average winning price at US$5670, skim milk powder was up 2.8% with an average price of US$3909, and whole milk powder was down 1.7% with an average price of US$3859.

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:

SPK - Spark announces appointment of Chief Operating Officer
SKC - Asset Monetisation Programme Update - The Grand Hotel
VCT - Full year results date & investor webcast details
ANZ - Air New Zealand 2026 Annual Results Webcast Details
SKC - Asset Monetisation Programme Update
July 17th Morning Report
MEL - Meridian Energy monthly operating report for June 2026
Devon Funds Morning Note - 15 July 2026
BIT - Transaction in Own Shares
Summerset Welcomes Alison Barrass to Board