Dairy product prices slump for third consecutive time

Dairy product prices slump for third consecutive time
Margreet Dietz
By Margreet Dietz June 19 (BusinessDesk) - Dairy product prices declined at the Global Dairy Trade auction, retreating for a third straight time, led by whole milk powder. The GDT price index dropped 3.8 percent from the previous auction two weeks ago. The average price was US$3,208 a tonne, compared with US$3,423 a tonne two weeks ago. Some 24,239 tonnes of product was sold, up from 19,874 tonnes two weeks ago. Whole milk powder slid 4.3 percent to US$3,006 a tonne.  “This is the sixth consecutive decrease in the whole milk powder...

More Primary Sector

Fonterra’s $4.2b Mainland vote set for smooth finish
Primary Sector

Fonterra’s $4.2b Mainland vote set for smooth finish

It’s the second significant vote in the primary sector to be held in recent weeks.

Ikea’s forest chequebook far from closed on NZ soil
Primary Sector

Ikea’s forest chequebook far from closed on NZ soil

It has spent more $600 million on 30,000 hectares so far.

Riley Kennedy 28 Oct 2025
US$411b on the table: will NZ claim a slice?
Primary Sector

US$411b on the table: will NZ claim a slice?

Infrastructure will be a major focus of the NZ EU Summit, but Ukraine might be too.

Dileepa Fonseka 24 Oct 2025
Fonterra windfall brings risks: ASB
Primary Sector

Fonterra windfall brings risks: ASB

Farmers will vote for the Lactalis deal on Oct 30.

Rebecca Howard 24 Oct 2025