3 Mar 2021

Dairy prices shoot up 15 percent

From Morning Report, 8:40 am on 3 March 2021

Dairy prices continue to shoot up, reaching a seven year high in the latest global auction overnight.

The price for wholemilk powder rose 15 percent to US$4231 a tonne.

Analysts had tipped a small lift, but not 15 percent. Julia Jones is the head of analytics at NZX.

She spoke to Corin Dann.