The futures market is predicting milk powder prices to drop in response to the coronavirus outbreak
Share on twitter
Share on facebook
Share on linkedin
Share on whatsapp
Share on email
After some rough years, dairy farmers in Minnesota might finally being seeing milk prices rise. (Photo: Dave Schwarz, dschwarz@stcloudtimes.com)
The deadly virus has thrown financial markets into reverse after a strong 2019.

ASB senior rural economist Nathan Penny says tonight’s Global Dairy Trade auctions will show exactly how milk powder will be affected.

But he says the market’s pointing to a five to 10 percent drop in prices.

He says dairy markets are nervous about the potential price drop – because China has the biggest dairy market in the world.

A new report asks whether supposedly green livestock practices have proven benefits.

You may be interested in

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

To comment or reply you must 

or

Related
notes

Join to

Follow us

Cerrar
*
*
Cerrar
Registre una cuenta
Detalhes Da Conta
*
*
*
*
*
Fuerza de contraseña

SUBSCRIBE TO OUR NEWSLETTER