6 Sep 2023

Dairy prices rise for first time in 4 months

From Morning Report, 7:54 am on 6 September 2023

Dairy prices have risen for the first time in four months in this morning's Global Dairy Trade auction.

The average price increased by 2.7 percent to an average price of $2888 US dollars a tonne.

The whole milk powder price - which affects the payout for local farmers - rose 5.3 percent to $2,702 a tonne.

ANZ rural economist Susan Kilsby spoke to Corin Dann.