Primary Sector

Chinese demand sees dairy prices hit 7-year high

Rebecca Howard
Wed, 17 Feb 2021

Rebecca Howard
Wed, 17 Feb 2021
Strong demand from China saw whole milk powder prices jump to a near seven-year high in the overnight Global Dairy Trade auction, boding well for an even stronger payout this season.“Whole milk powder looks to have really broken out of its shackles at this point, with prices gaining for the seventh consecutive time, completely out-running previous market expectations. Chinese buyers came to the party, keeping demand strong,” said NZX senior dairy analyst Amy Castleton. Chinese buyers, however, weren’t alone.“This ev...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Pet food millionaire snaffles Taupō racetrack
Pattrick Smellie | Sat, 17 Apr 2021

Tony Quinn is adding Taupō's Bruce McLean Park to the motorsport facilities he already owns at Hampton Downs and Highlands.

Markets Exclusive
Market regulator blasts Australian 'culture of leaks'
Dan Brunskill | Sat, 17 Apr 2021

Leaks are threatening market integrity and should not be tolerated, NZ RegCo says.

The traditional office is dying a slow, painful death
Jehan Casinader | Sat, 17 Apr 2021

The modern workplace has been through various iterations in recent decades, but no one questioned why it existed in the first place.

Partner Content
Highlights from the New Zealand company earnings season

The February earnings season has provided a snapshot of the impact covid-19 has had on different sectors over the last six months and expectations for the year ahead.

Now’s the time to ask hard questions on our future land use

How can we work together to strengthen our economy and support Kiwis to prosper while protecting our natural environment and our climate.