Dairy prices start 2021 with a bang

Dairy prices start 2021 with a bang
Rebecca Howard
A hefty rise in global dairy prices will see the kiwi dollar push higher as demand for New Zealand's main export commodity remains strong.Dairy commodity prices jumped 3.9 percent at the Jan. 5 Global Dairy Trade event overnight, with whole milk powder lifting 3.1 percent and skim milk powder up 4.1 percent.“Dairy commodities have started 2021 with a bang,” said NZX senior dairy analyst Amy Castleton.“This whole milk powder price is higher than any result seen at GDT through 2020. Strong demand across all contract periods...

More Markets

Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
ASX: Australian shares slide to a two-week low as tech drags
Markets

ASX: Australian shares slide to a two-week low as tech drags

Every sector of the Australian share market has lost ground.

AAP 26 Jul 2024
NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024