Commodity dairy prices have dipped 4.7% in the latest Global Dairy Trade auction, after gains in January, with whole milk powder suffering the largest fall.
ASB Bank chief economist Nick Tuffley said the drop had been signalled in futures prices and indicated the impact of the coronavirus
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).