NZ commodity prices largely unchanged in May

NZ commodity prices largely unchanged in May
Rebecca Howard
By Rebecca Howard June 6 (BusinessDesk) - New Zealand's commodity prices were unchanged in the month of May and were slightly higher on the year, the ANZ Bank's monthly commodity price index shows. The ANZ world commodity price index was unchanged in May having gained 2.6 percent in April. The index is 0.7 percent higher than a year earlier. In local currency terms, the May index rose 2.3 percent in the month of May and was 5.7 percent higher on the year, bolstered by the softer New Zealand dollar. In May, dairy prices gained a further...

More Primary Sector

Bell Potter boosts Santana target price 53.5%
Primary Sector

Bell Potter boosts Santana target price 53.5%

Aussie brokers increasingly like the look of a low-cost, high yield Otago gold play.

Pattrick Smellie 19 Apr 2024
Anna Palairet appointed Fonterra's chief operating officer
Primary Sector

Anna Palairet appointed Fonterra's chief operating officer

Having acted in the role since June last year, she replaces Fraser Whineray.

Riley Kennedy 19 Apr 2024
Progress takes more than Groundhog Day rhetoric
Primary Sector

Julia Jones: Progress takes more than Groundhog Day rhetoric

There seems to be a noticeable lack of innovation in NZ's red meat export industry.

Julia Jones 19 Apr 2024
Tough season for Terra Vitae Vineyards
Primary Sector

Tough season for Terra Vitae Vineyards

The yield from this year's harvest was 20% below the budgeted amount.

Rebecca Howard 19 Apr 2024