Dairy manufacturers got better prices in June quarter

Sun, 18 Aug 2019

By Rebecca Howard Aug. 19 (BusinessDesk) - Dairy product manufacturers received higher prices in the June quarter, which helped boost New Zealand producer margins more generally. Prices received by producers, or output prices, lifted 0.5 percent for the quarter, recovering from a 0.5 percent fall in the first three months of this year. Prices received by manufacturers of butter, cheese, and milk powder rose 8.7 percent in the June quarter compared with the March 2019 quarter, after falls in the previous two quarters, Stats NZ said. ...

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