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.
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- Prices in the USA, however, have mostly retreated, with port congestion still hindering export activity.
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- Butter and whey prices in Europe have surged, while skim milk powder prices have weakened.
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Other Insights That May Be of Interest…
The Dairy Industry, Now and in the Future
Innovations Within the Dairy Industry