Displaying items by tag: prices

Analysts are now picking a dairy price recovery by the end of the year. Haven't they said that for the last three years?

Farmgate and commodity prices are weighing heavily on farmers' minds.

Synlait Milk has dropped forecast milk price for the 2015 -16 season from $5/kgMS to $4.20/kgMS.

Fonterra has dropped its forecast farmgate milk price for the 2015-16 season by 45c to $4.15/kgMS.

Westland Milk Products is dropping its forecast payout for this season.

ASB has trimmed their price forecast by 50c, but maintains dairy prices will increase over 2016.

Banks have cut their farmgate milk price forecast after another drop in the GDT price index last week, albeit minor at an overall 1.4%.

Record revenue was made in the last quarter, despite the NZD depreciation and average per tonne values being down.

A drop in fresh milk prices by 14% contributed to food prices falling by 1.3% in the year to December 2015, Statistics New Zealand says.

The 14.8% lift in the Global Dairy Trade overnight shows the circuit breaker that dairy markets have long needed is now in hand, ASB bank says.