Susan Kilsby, agriculture economist at ANZ, points out that the New Zealand’s ANZ World Commodity Price Index pushed up 2.5% m/m in April, following a revised 4.1% rise in March, putting the index 2.1% ahead of this time last year. Key Quotes “The NZD index lifted 4.2% m/m in March, as commodity returns in local currency terms also benefited further from the lower New Zealand dollar.” “Dairy prices gained 4.4% m/m in April having moderated from the strong lift recorded the previous month. Markets continue to be supported by tighter global supply, which should underpin milk powder and butter prices in the coming months.” “The meat and fibre index lifted 3.8% m/m in March with stronger prices recorded for both lamb and beef. The lamb export season has been later than normal this year.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Westpac CEO: Boosting business confidence, not rate cut, key – Australian Associated Press FX Street 3 years Susan Kilsby, agriculture economist at ANZ, points out that the New Zealand's ANZ World Commodity Price Index pushed up 2.5% m/m in April, following a revised 4.1% rise in March, putting the index 2.1% ahead of this time last year. Key Quotes "The NZD index lifted 4.2% m/m in March, as commodity returns in local currency terms also benefited further from the lower New Zealand dollar." "Dairy prices gained 4.4% m/m in April having moderated from the strong lift recorded the previous month. Markets continue to be supported by tighter global supply, which should underpin milk powder and butter prices… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
