Dairy prices edge lower over the New Year

Key highlights The ASB NZ commodity price index has eased in NZD terms over the Christmas and New Year holiday period. Dairy, meat and forestry all registered declines in NZD terms over the past month, largely on the back of the stronger NZD. In USD terms, only dairy prices have registered a decline compared to 4 weeks ago.     Report prepared by: Jane Turner ASB Economist Phone: +64 9 301 5660 Fax: +64 9 302 0992