Insight Focus
- New Zealand’s dairy prices are still rallying.
- Meanwhile, strong oil and fertiliser prices, along with labour shortages, are weakening farmer returns.
- Prices in the US, however, are retreating as port congestion hinders export activity.
Dairy Online’s Price Update
- New Zealand’s dairy prices have continued to climb, with global demand still outstripping supply.
- Simultaneously, strong oil and fertiliser prices, along with labour shortages, are weakening farmer returns.
- Prices in the USA, however, have mostly retreated, with port congestion still hindering export activity.
- Butter and whey prices in Europe have surged, while skim milk powder prices have weakened.
Other Insights That May Be of Interest…
The Dairy Industry, Now and in the Future
Innovations Within the Dairy Industry