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![NZ commodity prices rise to new record](/pf/resources/images/placeholders/placeholder_l.png?d=791)
NZ commodity prices rise to new record
New Zealand commodity prices edged up to a new record in May, led by kiwifruit at the start of a new season. Prices in New Zealand dollars fell from a record level as the kiwi dollar climbed.
![Soaring milk prices push Open Country into the red](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Soaring milk prices push Open Country into the red
Olam, the Singaporean food commodities group, says high NZ milk prices have wiped out profits at its 25 per cent-owned Open Country Dairy and it may consider exiting the investment.
![World equities recover with commodities](/pf/resources/images/placeholders/placeholder_l.png?d=791)
World equities recover with commodities
Stocks on Wall Street recovered overnight as a rebound in prices of raw materials bolstered commodity producers.
![Commodity falls weigh on world share markets](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Commodity falls weigh on world share markets
Declines in commodities such as gold, silver and oil dragged stocks lower on world markets overnight.