Dairy prices are continuing to rise.

Overall prices are up 2.3% in the latest Global Dairy Trade auction overnight, the fourth consecutive rise this summer.

Prices are down about a third from the record high reached in March 2022 but up about a quarter on the low reached in August last year.

Infometrics Principal Economist Brad Olsen says told Tim Dower that it's a positive sign.

He says the index is now at its highest level in almost 12 months, which points to some kind of recovery.

LISTEN ABOVE

Dairy prices are continuing to rise. 
Overall prices are up 2.3% in the latest Global Dairy Trade auction overnight, the fourth consecutive rise this summer. 
Prices are down about a third from the record high reached in March 2022 but up about a quarter on the low reached in August last year. 
Infometrics Principal Economist Brad Olsen says told Tim Dower that it's a positive sign. 
He says the index is now at its highest level in almost 12 months, which points to some kind of recovery. 
LISTEN ABOVE

Don't miss a thing while you're on holiday, with Newstalk ZB Holiday Breakfast. We deliver the best in news, views and opinion to keep Kiwis informed and entertained while you're on the road, at the bach, or relaxing at home.

Don't miss a thing while you're on holiday, with Newstalk ZB Holiday Breakfast. We deliver the best in news, views and opinion to keep Kiwis informed and entertained while you're on the road, at the bach, or relaxing at home.

Don't miss a thing while you're on holiday, with Tim Dower and Newstalk ZB Holiday Breakfast.

Holiday Breakfast

Don't miss a thing while you're on holiday, with Tim Dower and Newstalk ZB Holiday Breakfast. Tim delivers the best in news, views and opinion to keep Kiwis informed and entertained while you're on the road, at the bach, or relaxing at home.