Thursday, May 19, 2022

Markets


Instant WMP stirs up GDT prices

Instant WMP stirs up GDT prices

ByHugh StringlemanMay 19, 2022
Prices dropped for the fifth consecutive Global Dairy Trade auction this week, by 2.9% in aggregate but with widely differing components. Prices for grades of whole milk powder (WMP) both rose and fell while products with different contract periods (CP),…

Jersey heifer sets record $23,600

ByHugh StringlemanMay 19, 2022
In-calf heifer Glanton Punch Bria ET has set a heifer price record for the Jersey breed of $23,600. The heifer bred by Rob and Alison Thwaites, Taranaki, from their prolific…

Processing season drags on

ByNeal WallaceMay 19, 2022
Covid-19, dry weather and shipping and labour issues have pushed the meat processing season out by up to three months longer than usual. The beef season looks most prolonged, with…

Farm loan options to grow your business

ByStaff reporterMay 19, 2022
In the current farming climate, farmers and growers across the world are facing an onslaught of rising costs and regulations, which have been compounded by the ongoing Russian-Ukraine conflict, and…


NZD weakness lifts prices tide

NZD weakness lifts prices tide

ByHugh StringlemanMay 18, 2022
New Zealand commodity prices in United States dollars have fallen 10% since their peak in March but in NZD terms…
New season’s milk price forecast expected to begin with $9

New season’s milk price forecast expected to begin with $9

ByHugh StringlemanMay 18, 2022
Dairy farmers will be very keen to see the first Fonterra forecast of the farm gate milk price for the…
Live export run abandoned

Live export run abandoned

ByAnnette ScottMay 13, 2022
Hundreds of farmers and livestock companies are making plans to recover thousands of cattle from a pre-export isolation (PIE) farm…
Record profit for Anzco Foods

Record profit for Anzco Foods

ByStaff reporterMay 13, 2022
Anzco Foods has navigated a challenging year to deliver a record net profit before tax of $75 million for the…
Trade challenge launched over Canada dairy access

Trade challenge launched over Canada dairy access

ByNigel StirlingMay 13, 2022
New Zealand has finally pulled the trigger on a legal challenge against Canada’s failure to uphold its end of the…
Strong wool shows some life

Strong wool shows some life

ByAnnette ScottMay 12, 2022
Crossbred wool is showing a little more spring in the market with stronger buying power finding buyers eager to get…
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