by Warren Head | May 7, 2025 | Commodities
7.5.25 This week’s GDT dairy auction showed a strong 4.6% lift in the price index, the strongest gain this year The gain was supported by a 6.2% lift in whole milk powder, while skim milk powder rose just 0.5%. Chedder (+12%) and butter (+3.8%) also showed strong...
by Warren Head | Apr 16, 2025 | Commodities
16.4.25 Dairy prices may be entering a bull run with the latest global auction this week showing a 1.6% up-shift in the GlobalDairyTrade price index. The average winning price was US$4,385 / metric tonne. Rose 1.1% at the last auction two weeks ago and the new...
by Warren Head | Feb 10, 2025 | Commodities
10.2.25 The ANZ World Commodity Price Index rose 1.8% m/m in January. The NZD eased a further 1.2% in January, pushing up the NZD Trade Weighted Index by 3.2% m/m. “All sectors except forestry managed to lift during the month, but the largest gains were made by meat...
by Warren Head | Dec 13, 2024 | Commodities
13.12.24 New Zealand’s primary sector is recovering, but at varying speeds across sectors, says ANZ Bank agri economist Susan Kilsby. “The dairy sector is doing well, with milk prices now forecast to reach record levels this season. Most dairying regions are also...
by Warren Head | Nov 13, 2024 | Commodities
Overall commodity prices are forecast to lift off the back of higher dairy prices and better export prices for both beef and lamb, comments Westpac in a current update. Dairy prices have lifted at recent auctions. That includes whole milk powder prices, which...
by Warren Head | Aug 27, 2024 | Commodities, Companies
23.8.24 Fonterra Co-operative Group brightened the outlook for the dairy sector by announcing a 50 cent increase in the forecast Farmgate Milk Price midpoint for the 2024/25 season, alongside an uplift to the FY25 Advance Rate Schedule The co-operative, New Zealand’s...
