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Skim milk powder prices drop
Dairy

Skim milk powder prices drop

Whole milk powder prices, which are central to Fonterra's farmgate forecasts, showed signs of levelling off at the latest GlobalDairyTrade auction, but competition from big suppliers in the United....

Lesson in iron ore boom
Dairy

Lesson in iron ore boom

New Zealand should take a leaf out of Australia's book in terms of what not to do in the face of a commodities boom, says Paul Bloxham, HSBC's chief economist for Australia and New Zealand.