Prices continue to drop in the latest Global Dairy Trade auction, with a 4.1 percent decrease across the board.

It is the largest decline this calendar year, following a 1 percent dip from the previous auction, and is the fourth consecutive event where the average price has decreased.

The Country's Jamie Mackay explains further.

LISTEN ABOVE

Prices continue to drop in the latest Global Dairy Trade auction, with a 4.1 percent decrease across the board.
It is the largest decline this calendar year, following a 1 percent dip from the previous auction, and is the fourth consecutive event where the average price has decreased.
The Country's Jamie Mackay explains further.
LISTEN ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Jamie Mackay: The Country host on dairy prices dropping in fourth consecutive auction

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/af4d665d-4389-4400-be34-b30f0084acd2/transcript