2022 is another year that will certainly go down in the history books for the dairy industry. Prices started to rise in mid- 2020 after the first covid lockdown and kept rising until they reached a record high level in Q2 2022.

The NZ region’s exports were down around 4% this year

Prices are tumbling at rapid speed

The major Irish dairies have maintained their milk price

Since the start of November cheese prices have dropped significantly

The one potential saviour for the dairies and global milk prices is China