NZ commodity prices post first decline in 2019 as dairy prices weaken

NZ commodity prices post first decline in 2019 as dairy prices weaken
Rebecca Howard
By Rebecca Howard July 3 (BusinessDesk) - New Zealand commodity prices fell for the first time this year last month, dragged down by weaker dairy prices, ANZ Bank's latest monthly commodity index shows. The  ANZ world commodity price index fell 3.9 percent in June and was 2.4 percent lower than it was a year ago. In local currency terms, the June index fell 4.5 percent as the kiwi dollar strengthened. It was 1.9 percent higher on the year. Dairy prices fell 8.5 percent in June, reflecting the recent softening in dairy commodity prices,...

More Primary Sector

Synlait Milk receives first cease withdrawal notice
Primary Sector

Synlait Milk receives first cease withdrawal notice

Farmers had been putting in cease notices as Synlait's debt problems grew.

Agriculture sector needs emissions progress
Primary Sector

Agriculture sector needs emissions progress

Some UK consumers are already reacting against methane inhibitors.

Lower methane reductions comply with obligations: Govt
Primary Sector

Lower methane reductions comply with obligations: Govt

The Government will consider the findings of the independent review. 

Rebecca Howard 04 Dec 2024
Farm to forest pipeline felled by new rules
Primary Sector

Farm to forest pipeline felled by new rules

Farm to forest conversions will become more difficult in some parts of NZ.

Staff reporters 04 Dec 2024