Forecasting of New Zealand whole milk powder prices

Rod Forbes

No 96945, 2010 Conference, August 26-27, 2010, Nelson, New Zealand from New Zealand Agricultural and Resource Economics Society

Abstract: This paper explains a short term forecasting approach that uses whole milk powder prices from Fonterra’s globalDairyTrade. The latter provides forward contract prices eight months out from each event. The cumulative impact of up to seven successive events provides reasonable expectations around future turning points for Statistics New Zealand’s FOB export prices expressed in United States dollars.

Keywords: Agribusiness; Consumer/Household Economics; Demand and Price Analysis; Environmental Economics and Policy; Food Consumption/Nutrition/Food Safety; Health Economics and Policy (search for similar items in EconPapers)
Pages: 8
Date: 2010-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nzar10:96945

DOI: 10.22004/ag.econ.96945

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