Dairy prices extend retreat as coronavirus clouds outlook

Dairy prices extend retreat as coronavirus clouds outlook
Margreet Dietz
Dairy product prices declined for the third consecutive time at the Global Dairy Trade auction, though analysts noted the drop was not as large as some had anticipated. There were “expectations of a bigger fall,” Bank of New Zealand economist Doug Steel said in a note.“Covid-19 fears there may be, but New Zealand’s primary product prices remain at reasonable levels.”The GDT price index fell 1.2 percent from the previous auction two weeks ago. The average price was US$3,112 a tonne, compared with US$3,176 a tonne two weeks ago. Some 25,576...

More Primary Sector

Jones heads to Oz to woo mining investors
Primary Sector

Jones heads to Oz to woo mining investors

Work has begun on a critical minerals list and stocktake.

Ian Llewellyn 03 Jul 2024
Litigation 'may have' disrupted BX Foods' timely accounts filing
Primary Sector

Litigation 'may have' disrupted BX Foods' timely accounts filing

The company was more than a year late in filing its 2022 accounts.

Riley Kennedy 03 Jul 2024