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06-03-2013 09:08 AM
| New Zealand
NZ fears fuel jump in dairy prices to 21-month top
Dairy prices rocketed to a 21-month high at GlobalDairyTrade, led by the biggest rise in whole milk powder since 2010, amid growing concerns over the impact of poor weather on New Zealand production.
Prices of products overall at the auction jumped 10.4%, a rise beaten only once in the last two years, to their highest since June 2011.
Prices of products overall at the auction jumped 10.4%, a rise beaten only once in the last two years, to their highest since June 2011.
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