Market Takes The Scenic Route
ANZ agri economist Matt Dilly looks at the impressive run of global dairy prices this year.
The Global Dairy Trade (GDT) auction overnight delivered its third consecutive positive result.
Average prices were up 1.9% compared to the previous auction.
Whole milk powder prices lifted 2.2% to US$2829/metric tonne.
Key results
AMF index up 0.8%, average price US$3,993/MT
Butter index down 1.0%, average price US$3,597/MT
BMP not offered
Ched index up 1.4%, average price US$3,631/MT
LAC index up 0.4%, average price US$1,290/MT
SMP index up 3.1%, average price US$2,609/MT
SWP index not available, average price not available
WMP index up 2.2%, average price US$2,829/MT
New Zealand and Chile have signed a new arrangement designed to boost agricultural cooperation and drive sector success.
New DairyNZ research will help farmers mitigate the impacts of heat stress on herds in high-risk regions of the country.
Budou are being picked now in Bridge Pā, the most intense and exciting time of the year for the Greencollar team – and the harvest of the finest eating grapes is weeks earlier than expected.
The Real Estate Institute of New Zealand (REINZ) has released its latest rural property report, providing a detailed view of New Zealand’s rural real estate market for the 12 months ending December 2025.
Rural retailer Farmlands has released it's latest round of half-year results, labeling it as evidence that its five-year strategy is delivering on financial performance and better value for members.
OPINION: "We are back to where we were a year ago," according to a leading banking analyst in the UK, referring to US president Donald Trump's latest imposition of a global 10% tariff on all exports into the US.
OPINION: Expect the Indian free trade deal to feature strongly in the election campaign.
OPINION: One of the world's largest ice cream makers, Nestlé, is going cold on the viability of making the dessert.