NZ commodity prices lift in March, led by dairy

NZ commodity prices lift in March, led by dairy
Rebecca Howard
By Rebecca Howard April 3 (BusinessDesk) - New Zealand commodity prices lifted in March, continuing a positive trend that started in January, ANZ Bank’s monthly commodity price index shows. The world commodity price index rose a monthly 1.4 percent in March but was down 2.1 percent from a year earlier. In local currency terms, the index also rose 1.4  percent on the month and 2.5 percent on the year. “Firmer prices were recorded in the agriculture and forestry sectors but dairy once again provided the largest price lift," said ANZ agri...