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27 Jan 2026 8:31
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  •   Home > News > Rural

    Global dairy prices have taken a hit, following the outbreak of the deadly coronavirus in China

    Global dairy prices have taken a hit, following the outbreak of the deadly coronavirus in China


    Fonterra
    Fonterra
    Overall prices are down 4.7 percent at Fonterra's latest overnight auction.

    The crucial whole milk powder price has been particularly affected -- down 6.2 percent from a fortnight ago.

    The skim milk powder price is also down -- falling 4.2 percent on a fortnight ago.

    This auction's fall comes on the back of two rises.

    © 2026 Newstalk ZB, NZCity

     Other Rural News
     23 Jan: Dairy farmers could be in an earlier-than-expected pay day
     22 Jan: Fonterra's taking its growing organic business south for the first time
     15 Jan: Potential for a dairy price recovery
     15 Jan: Fonterra's boss says farmers are used to volatility in prices and payouts
     26 Dec: Some good news on the horizon for cattle and sheep farmers
     19 Dec: The Reserve Bank's weighing in on the Fonterra deal
     12 Dec: Dairy farmers are being warned they'll be taking a cut in earnings, due to falling global dairy prices
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