Milking it: Investors to be cheered by rising dairy prices

Wed, 20 Jan 2021

Another strong rise in global dairy prices will spur interest in the listed dairy companies as it points to ongoing demand, in particular from China.Global dairy prices lifted 4.8 percent, with whole milk powder up 2.2 percent to US$3,380 a tonne.The result was in line with the NZX derivatives market indications prior to the whole milk price auction, said NZX senior dairy analyst Amy Castleton.“If the NZX Dairy Derivatives market keeps getting it right there are more price gains to be had for WMP going forward. Demand for dairy products c...

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