Dairy product prices fall for fifth time in six auctions

Dairy product prices fall for fifth time in six auctions
Margreet Dietz
By Margreet Dietz Aug. 7 (BusinessDesk) - Dairy product prices declined at the Global Dairy Trade auction, sliding for the fifth time in the past six auctions amid an increase of volume on offer.  The GDT price index fell 2.6 percent from the previous auction three weeks ago. The average price was a US$3,253 a tonne, compared with US$3,412 a tonne three weeks ago. Some 34,969 tonnes of product was sold, up from 25,000 tonnes three weeks ago. “This was in line with NZX Dairy Derivatives market expectations leading into the event, and wa...

More Primary Sector

Back on track: King Salmon looks ahead
Primary Sector

Back on track: King Salmon looks ahead

King Salmon's core business is sound again; big investment beckons.

Pattrick Smellie 28 Mar 2024
Meng Foon won't quit as a PGW director
Primary Sector

Meng Foon won't quit as a PGW director

His board colleagues have invited him to go.

Riley Kennedy 26 Mar 2024
Agria pulls out of PGW board coup
Primary Sector

Agria pulls out of PGW board coup

Largest shareholder drops bid to have most independent directors dumped.

Riley Kennedy 22 Mar 2024