Wednesday, 19 September 2018 09:09

Dairy prices continue slide

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The GDT price index hasn’t seen a rise since May this year. The GDT price index hasn’t seen a rise since May this year.

The fall in dairy prices is showing no signs of easing.

The Global Dairy Trade (GDT) price index hasn’t seen a rise since May this year.

The overnight GDT auction saw the price index fall 1.3% compared to the previous auction.

Whole milk powder price slid further, dropping 1.8% to US$2768/metric tonne.

Key results

AMF index down 0.6%, average price US$5,294/MT

Butter index down 0.1%, average price US$4,270/MT

BMP not offered

Ched index down 3.5%, average price US$3,503/MT

LAC index down 0.3%, average price US$910/MT

RenCas index up 1.7%, average price US$5,421/MT

SMP index down 1.1%, average price US$1,980/MT

SWP index not available, average price not available

WMP index down 1.8%, average price US$2,768/MT


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The Global Dairy Trade (GDT) price index is at a two-year low, but there is some good news ahead, says Rabobank dairy analyst Emma Higgins.

Dairy prices fall, again

Global dairy prices have fallen again and supply expectations out of New Zealand might be at play.

Price slump pressures $6.75 payout

The Global Dairy Trade had its eighth consecutive fall last week putting more downward pressure on Fonterra’s $6.75/kgMS milk price forecast, says BNZ senior economist Doug Steel.

WMP price keeps falling

The whole milk powder price has fallen to an eight-month low in the latest Global Dairy Trade (GDT) auction.

Dairy prices dip

Dairy prices went down in the overnight Global Dairy Trade (GDT) auction.


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