Returns lift, costs down - DairyNZ
The outlook for dairy farmers this season has improved, especially when compared to forecasts only six months ago, according to DairyNZ.
Dairy prices increased at the GlobalDairyTrade auction overnight, rising for the third time in a row.
The GDT price index advanced 3.1% cent from the previous auction two weeks ago.
The flagship whole milk powder rose 3.5% to US$2998/tonne.
Skim milk powder, which has been lagging way behind WMP, also got a boost; prices rose 7.1% to US$2044/ tonne.
Key results
AMF index down 0.5%, average price US$5,930/MT
Butter index up 2.9%, average price US$4,892/MT
BMP index not available, average price US$1,720/MT
Ched index up 6.0%, average price US$3,462/MT
LAC index up 1.2%, average price US$935/MT
RenCas index down 3.8%, average price US$6,020/MT
SMP index up 7.1%, average price US$2,044/MT
WMP index up 3.5%, average price US$2,998/MT
Graham Brown, the executive chef for Deer Industry New Zealand (DINZ), is excited about Korea.
One of the country's leading experts on China has praised the NZ Government for its handling of the recent incident with China over that country's cyber attack on two of our parliamentary institutions in 2021.
The world’s largest wool processing facility, badly damaged by Cyclone Gabrielle over one year ago, has re-opened following a $50 million rebuild and refurbishment project.
Kiwi rugby star Renee Holmes is set for a fruitful year.
A new report has revealed the full impact of Cyclone Gabrielle on Hawke’s Bay’s principals and teachers.
The Commerce Commission says connectivity options for rural New Zealanders are front-of-mind as it begins a formal investigation into the future of the copper network.
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
OPINION: Synlait's financial woes won’t be going away anytime soon.