fbpx

Dairy prices: 10th Straight Rise As Volumes Fall More Than 9 percent

Apr 17, 2019
555 Views

Dairy prices have again risen slightly in the latest global auction keeping prices at close to a two-year high.

The average price was up 0.5 percent to $US3447 a tonne, the 10th consecutive price gain which followed a nearly 1 percent rise in the previous auction.

Volumes fell nearly 9.5 percent on the last auction.

Dairy prices have been rising since late November when they hit a two-year low because of an oversupply on world markets.

The price for whole milk powder, which has a key influence on farmer payouts, fell by 0.7 percent to $US3269 a tonne.

Prices for butter, anhydrous milk fat and cheddar rose, while lactose fell.

Source: radionz.co.nz republished by arrangement

You may be interested

Funeral Notices – Saturday 23rd November
Funeral Notices
1635 views
Funeral Notices
1635 views

Funeral Notices – Saturday 23rd November

Notices - Nov 23, 2019

If you would like your lost loved one's  death / funeral  notice or memoriam listed here, contact your funeral director for more…

Alliance Group Announces Annual Results
Business, News
158 views
Business, News
158 views

Alliance Group Announces Annual Results

Business Hub - Nov 22, 2019

Leading food and solutions co-operative Alliance Group today announced a profit before tax and distribution of $20.7 million and a…

Showcase Gets The Ball Rolling For Southland Entrepreneurs
Business, News
423 views
Business, News
423 views

Showcase Gets The Ball Rolling For Southland Entrepreneurs

Business Hub - Nov 22, 2019

Losing his golf ball constantly was the driver that Southlander Ben Tattersfield needed to create a design for a sportstech…