Dairy prices edge up at Global Dairy Trade auction
Global dairy prices rose 0.1% at the latest Global Dairy Trade auction, with stronger cheddar prices offsetting declines elsewhere.
Dairy prices edged higher at the latest Global Dairy Trade auction, with the index lifting 0.1% to an average price of US$3,778 per metric tonne. Gains in cheddar helped offset declines in fat products. The auction saw a significant surge in trading volumes.
Covered byNZ HeraldBusinessDeskNot covered byRNZStuff1NewsNewstalk ZBOtago Daily TimesNewsroomThe Spinoffinterest.co.nz
Coverage across the news outlets we track, as at publication.
What outlets are saying
BusinessDesk
Dairy prices steady as auction volumes surge
Global dairy prices have held steady after a significant jump in volume. At the latest Global Dairy Trade auction overnight, the index lifted 0.1% to an average price of US$3,778 (NZ$6,408) per metric tonne.
NZ Herald
GDT: Dairy prices edge up 0.1% in latest auction
Dairy prices edge higher as gains in cheddar help offset declines in fat products.