Westpac cuts milk payout forecast as dairy prices fall
Benchmark whole milk powder remained steady.
Nevil Gibson
Wed, 03 Jul 2019
Global dairy prices eased marginally in Fonterra’s latest fortnightly auction and benchmark whole milk powder (WMP) was unchanged.
The GlobalDairyTrade (GDT) index dropped 0.4% to an average price of $US3302 a tonne.
Prices have fallen in the past four auctions, though the rate of decline
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).
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly
credit card debit
Premium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly
credit card debit
Premium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly
credit card debit
Premium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly
credit card debit
Yearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Nevil Gibson
Wed, 03 Jul 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
