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Global dairy prices pushing up cost of cheese : vimarsana.co
Global dairy prices pushing up cost of cheese : vimarsana.co
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.
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Darryl Evans ,
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