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

Apr 17, 2019
145 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

Police Investigating Woodlands Burglary
News, Southland
756 views
News, Southland
756 views

Police Investigating Woodlands Burglary

Editor - Apr 20, 2019

In the early hours of Saturday morning (20th April) the ATM at Farm Fresh South Milk in Woodlands was rammed…

Name Release – Fatal Crash, Southland
News, Southland
1115 views
News, Southland
1115 views

Name Release – Fatal Crash, Southland

News Desk - Apr 20, 2019

Police can name the man who died after a single-vehicle crash on Otahuti Rd, Otahuti, Saturday 13 April. He was…

New Fund Launched To Get More Young Women Physically Active
News, Sports
247 views
News, Sports
247 views

New Fund Launched To Get More Young Women Physically Active

Sports Hub - Apr 20, 2019

A new fund has been launched to get more young women physically active, and Southland organisations are being called on…