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John Stevenson: Fonterra Co-operative Council Chair on food prices increasing 5% in the 12 months to August
Manage episode 506791253 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Food prices are continuing to rise, with a 5% increase in the year to August.
Dairy continues to be the main driver, with the price of milk rising 16%, cheese 26%, and butter 32%.
Meat, poultry, and fish followed behind, up 8.1% annually.
Fonterra Co-operative Council Chair John Stevenson told Mike Hosking what they see is a pretty clear correlation between current prices and global markets.
He says it’s a good time to be a farmer now but it may not always be the case, and you only have to go back to the 23/24 season in which the headline milk price was below the cost of production to see that.
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Manage episode 506791253 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Food prices are continuing to rise, with a 5% increase in the year to August.
Dairy continues to be the main driver, with the price of milk rising 16%, cheese 26%, and butter 32%.
Meat, poultry, and fish followed behind, up 8.1% annually.
Fonterra Co-operative Council Chair John Stevenson told Mike Hosking what they see is a pretty clear correlation between current prices and global markets.
He says it’s a good time to be a farmer now but it may not always be the case, and you only have to go back to the 23/24 season in which the headline milk price was below the cost of production to see that.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
7879 episodes
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Similar to The Mike Hosking Breakfast
In the war on terror, who is it that we’re really fighting? “Caliphate” follows Rukmini Callimachi, who covers terrorism for The New York Times, on her quest to understand ISIS. For more information about the series, visit nytimes.com/caliphate. This series includes disturbing language and scenes of graphic violence. Producer: Andy Mills; Reporters: Rukmini Callimachi and Andy Mills; Managing Producer: Larissa Anderson; Editors: Wendy Dorr and Larissa Anderson; Associate Producer: Asthaa Cha ...
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continue reading
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continue reading
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continue reading
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