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6 Jul 2025 11:31
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  •   Home > News > Rural

    Dairy prices have risen at the first global auction for the year

    Dairy prices have risen at the first global auction for the year


    Commodity prices lifted by 2.8 percent, partly offsetting a sharp fall at the last auction, which saw a decline of 5.1 percent.

    Among the key products on sale, whole milk powder prices rose by 1.7 percent.

    Rural Economist Nathan Penny says it's a good start to the year for farmers.

    He says skim milk powder also lifted by more than five percent bringing them almost in line with whole milk prices which hasn't happened for some years.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     29 Jun: Dairy farmers are remaining optimistic, despite some road bumps
     04 Jun: Dairy prices are down 1.6 percent at the latest Global Dairy Trade auction
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     29 May: Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon
     26 May: Farmers are sounding the alarm - warning the sheep industry is collapsing
     25 May: Strong global dairy commodity prices are expected to be good news for farmers this season
     22 May: New Zealand farmers are benefiting from a dairy renaissance
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