OPINION: Credit where due, NZ Herald at least reported that agricultural leadership had pitched in to do its bit.
Dairy prices increased at the GlobalDairyTrade auction overnight, rising for the third time in a row.
The online global dairy auction launched by Fonterra nine years ago has sold US$20 billion of products.
The rise of fats continues to play out as the GlobalDairyTrade (GDT) auction saw its second consecutive rise last week, says Rabobank dairy analyst, Emma Higgins.
Latin America may have been the unexpected cause of the GlobalDairyTrade (GDT) overall price index rising 1.7% last week against expectations, says ASB senior rural economist Nathan Penny.
Dairy prices stabilised in last night’s Global Dairy Trade (GDT) auction, rising 1.7% following a 9% fall over the previous two auctions.
After four successive price increases, global dairy prices dipped slightly in Global Dairy Trade auction overnight.