Dairy prices off to positive start in 2024

Dairy prices off to positive start in 2024
(Image: Getty)
Riley Kennedy
Global dairy prices have started the new year off on a positive note.The first fortnightly Global Dairy Trade (GDT) auction of 2024 was held overnight with the GDT price index rising 1.2%, with an average price of US$3,363 a tonne (MT). The dairy season ends on May 30.Global dairy prices faced a turbulent time last year, hitting a five-year low in August before recovering through the final months of 2023.There was a mixed result for individual products in the auction, which recorded a third consecutive increase.The average price for whole milk...

More Primary Sector

Potential Mainland buyers may soon tap regulators
Primary Sector

Potential Mainland buyers may soon tap regulators

Fonterra's divestment process is gaining traction.

Riley Kennedy 17 Apr 2025
TTR files fast-track application to mine Taranaki sand
Primary Sector

TTR files fast-track application to mine Taranaki sand

Seabed mining firm Trans-Tasman Resources has lodged its application to fast-track its project to harvest iron sands off the coast of Taranaki. The firm's parent company, Manuka Resources, told the Australian Securities Exchange (NZX) on Wednesday that the application was lod...

Staff reporters 16 Apr 2025
Scott Technology's revenue drops 14%
Primary Sector

Scott Technology's revenue drops 14%

Its long term strategy is not far away.

Riley Kennedy 16 Apr 2025