Soaring butter prices may see next season’s milk price go beyond $7/kgMS – even as high as the mid sevens.

Published in General News
Friday, 08 March 2019 14:42

Lamb prices remain strong

Lamb prices look set to bottom out just below $7/kg as the end of the season nears, according to ASB senior rural economist Nathan Penny.

Published in General News
Thursday, 28 February 2019 15:43

New dairy price cycle looming

Conditions are in place for the start of a new dairy price cycle, says ASB senior rural economist, Nathan Penny.

Published in General News
Friday, 22 February 2019 14:09

Milk solids up again

Milk production is continuing to boom.

Published in General News
Thursday, 07 February 2019 10:39

More milk means lower prices

Strong milk production in New Zealand is putting downward pressure on global dairy prices.

Published in General News
Tuesday, 22 January 2019 09:55

Milk powder sell-off behind price hike

A big reduction in European stocks of skim milk powder (SMP) was behind its whopping 10.3% rise in price at last week’s auction, economists concur.

Published in General News
Friday, 18 January 2019 12:21

Lamb prices running out of steam

The gap is closing between 2019 season and 2018 season prices, says ASB senior rural economist Nathan Penny.

Published in General News

New Zealand commodity prices are likely to feel downward pressure over the year, says ASB senior rural economist Nathan Penny.

Published in General News
Tuesday, 11 December 2018 08:55

GDT rise unexciting – economists

Economists aren't too excited about last week’s 2.2% overall lift in the Global Dairy Trade price index.

Published in General News
Tuesday, 27 November 2018 11:03

Milk price cut ‘will not surprise’

With production up 6.5% on last year for the peak of the season, a downward adjustment in Fonterra’s milk price will not be surprising, says BNZ senior economic Doug Steel.

Published in General News
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