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BHP directors Susan Kilsby and Anita Frew to retire | 14 September 2021

BHP directors Susan Kilsby and Anita Frew to retire | 14 September 2021
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Global dairy prices pushing up cost of cheese

Global dairy prices pushing up cost of cheese © RNZ / Alexander Robertson Fonterra says sustained increases in global dairy prices are behind the higher cost of cheese. A 1kg block of Tasty cheese is now selling for between $16 and $18 at the main supermarket chains. Fonterra said since the pandemic, there had been a significant increase in demand for cheese in New Zealand and globally. It said global cheese prices have jumped 15 percent over the last year. In New Zealand, the company said it held retail cheese prices, for brands like Mainland, for most of the last year. But in May, it increased the average price per block by about 50 cents.

Foodbanks miss out as dairy prices rise

File photo. Photo: RNZ / Alexander Robertson A 1kg block of tasty cheese is now selling for between $16 and $18 at the country s three main supermarket chains. Māngere Budgeting Services chief executive Darryl Evans said it has been months since its foodbank parcels included staple dairy products. We ve had no milk to give, no cheese, those items are either selling in the supermarkets or maybe going to some foodbanks but certainly our foodbank hasn t seen any of those items since the beginning of this year, he said. We ve not had any of those products to pass on to those who need it the most.

The waiting game: exporters, builders face months of shipping hassles

Prices had hiked accordingly. Some steel products were up between 15 per cent and 21 per cent, concrete and cement products were up 7 per cent, and prices for decking, timber, and plywood were up between 6 and 20 per cent. NINE TO NOON/RNZ Shipping companies are charging more to get goods into and around the country due to delays at the log-jammed Ports of Auckland. “The group home builders are planning [months] ahead just to make sure they have the materials, it’s ballooned out.” Davmet, a niche exporter of chilled lamb in the Hawkes Bay, said frequent changes in shipping schedules, container shortages and enormous freight hikes had made this year very tough.

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