Global dairy prices end NZ season on a high note

Global dairy prices end NZ season on a high note
(Image: Getty)
Riley Kennedy
Global dairy prices have ended the current season on a positive note.The GDT price index rose 3.3% to an average price of US$3,861 (NZ$6,333) a metric tonne (MT) in the fortnightly Global Dairy Trade (GDT) auction, the last of the New Zealand season.Compared to the first auction of the season, the index is now 14% ahead of where it started having recovered from five-year lows in August.The NZ dairy season ends on May 30. Most farmers will dry off their cows ahead of calving in July, unless they have a winter milking contract.Next week, Fonterra...

More Primary Sector

Less than 10% of Provincial Growth Fund loans repaid
Primary Sector

Less than 10% of Provincial Growth Fund loans repaid

Of nearly $366m paid out in loans, just over $34m has been repaid.

Michael Neilson 04 Nov 2025
Mammoth application for Santana gold mine
Primary Sector

Mammoth application for Santana gold mine

A 9,400-page submission targets what is said to be NZ's largest gold find in 40 years.

Pattrick Smellie 03 Nov 2025
Rising volumes push Port of Tauranga profit outlook higher
Primary Sector

Rising volumes push Port of Tauranga profit outlook higher

Port of Tauranga expects its full-year net profit after tax to fall somewhere between $137 million and $147m.The NZX-listed port company’s container volumes increased 9% to 319,649 TEUs in the first three months to Sept 30.Total trade increased 5.9% in volume compared to the same...

Staff reporters 31 Oct 2025