Dairy product prices post 11th straight gain; whole milk powder slips

Margreet Dietz
Tue, 07 May 2019

By Margreet Dietz May 8 (BusinessDesk) - Dairy product prices inched higher at the Global Dairy Trade auction, rising for the eleventh straight time, even as whole milk powder posted a third consecutive decline.  The GDT price index gained 0.4 percent from the previous auction three weeks ago. The average price was US$3,490 a tonne, compared with US$3,447 a tonne three weeks ago. Some 15,375 tonnes of product was sold, down from 16,166 tonnes three weeks ago. Whole milk powder, however, eased 0.5 percent to US$3,249 a tonne. "Whole...
Opinion
PATTRICK SMELLIE: Only two things can rescue Muller and the National Party now
Pattrick Smellie | Sun, 12 Jul 2020

Only two things can now save Todd Muller from the growing likelihood of a crushing electoral defeat.

Opinion
ON THE MONEY: Boag, BNZ, Crimson and more
Victoria Young | Sat, 11 Jul 2020

Professional distancing We’re sure public relations expert and National Party stalwart Michelle Boag has had a few ups and downs in her colourful career, but you know things are rough when one of your...

Opinion
JEHAN CASINADER: Politicians are the worst advertisement for democracy
Jehan Casinader | Sat, 11 Jul 2020

In Wellington, when it rains, it pours.In recent weeks, there has been a steady stream of political scandals. Blunders, sagas, hiccups and missteps – too many to count.These events remind us why so ma...

The role of private equity in the wake of COVID-19

As local covid-19 restrictions ease, a new business cycle is beginning in New Zealand.

Sponsored: What’s next for the future of the office?

Think everyone is going to keep working from home? No so fast, says Milford Asset Management.