Conflict in the Red Sea is playing into Kiwi dairy farmers' back pockets. 

Yemen's Houthi rebels have been targeting ships travelling through the Suez Canal, meaning freight's being rerouted around the Cape of Good Hope in Africa. 

Fonterra Chief Executive Miles Hurrell says it's causing a rise in demand for our dairy exports from Africa and the Middle East. 

He told Mike Hosking that it's made up for China's slowdown, and has seen their forecast Farmgate Milk Price rise to a midpoint of $7.80 per kilo of milk solids. 

Hurrell says it helps us in the Middle East in particular, as we head straight up there and don't have to go through the Suez.

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Conflict in the Red Sea is playing into Kiwi dairy farmers' back pockets.  
Yemen's Houthi rebels have been targeting ships travelling through the Suez Canal, meaning freight's being rerouted around the Cape of Good Hope in Africa.  
Fonterra Chief Executive Miles Hurrell says it's causing a rise in demand for our dairy exports from Africa and the Middle East.  
He told Mike Hosking that it's made up for China's slowdown, and has seen their forecast Farmgate Milk Price rise to a midpoint of $7.80 per kilo of milk solids.  
Hurrell says it helps us in the Middle East in particular, as we head straight up there and don't have to go through the Suez. 
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

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