GDT down again. Dairy prices slipped again at this week’s Global Dairy Trade auction, its seventh consecutive fall stretching back three over three months. Overall, the GDT Price Index was down 2.9% compared to the previous auction a fortnight ago. Whole milk powder, by far the biggest traded by volume, was down 3.8%, while skim […]
farm sales
Economic Week – June 25
After plenty of action last week, this week has been a quiet one for economic data, with just a couple of statistical releases. Farm sales still strong. The Real Estate Institute of New Zealand (REINZ)’s latest Rural Property Statistics shows there were 439 farm sales in the three months to May 2021, up 78.5% on […]