UK vegans are demanding a law change to ban discrimination against plant-based eaters in workplaces.
Westpac senior analyst Anne Boniface says fears of tighter international supplies, particularly for whole milk powder, helped dairy prices squeeze higher in the first few Global Dairy Trade auctions of 2018.
A “hint of conservativeness” can be detected in Fonterra’s updated forecast on the farmgate milk price last week, says ASB’s senior rural economist Nathan Penny.
Whole milk powder (WMP) defied predictions and dropped in the GlobalDairyTrade (GDT) auction overnight.
Three bank economists see a risk of downside to farmgate prices from last week’s GDT auction where the overall price index dropped 2.4%.