Global dairy prices steady despite tariff threats

Global dairy prices steady despite tariff threats
(Image: Supplied)
Riley Kennedy
Global dairy prices have held firm despite the threat of tariffs hanging over the market.The Global Dairy Trade (GDT) Index finished flat at an average price of US$4,245 (NZ$7,295) a metric tonne – the first time it had not moved since November 2023.Whole milk powder (WMP), which has the biggest influence on Fonterra’s farmgate milk price and makes up half of the auction by volume, notched up 0.2% to US$4,052/MT.Skim milk powder (SMP), which is the second biggest influence on the dairy giant’s price, slipped 0.4% to US$2,...

More Primary Sector

BX Foods settles director disputes, posts $7.9m loss
Primary Sector

BX Foods settles director disputes, posts $7.9m loss

The Chinese-owned food company removed three executives, alleging fiduciary breaches.

Fonterra’s NZ milk collections hit five-year high
Primary Sector

Fonterra’s NZ milk collections hit five-year high

The increased production comes as forecast milk prices point to record levels.

Riley Kennedy 02 Jul 2025