Glut in global milk supply keeping prices down
The final Global Dairy Trade (GDT) auction has delivered bad news for dairy farmers.
The largest milk powder producer in the US, DairyAmerica is coming back to Global Dairy Trade (GDT), re-launching skim milk powder on July 16.
The federated marketing company represents four major US producer owned dairy cooperatives.
It last traded on GDT during 2011 to 2014.
Chief executive Dan Block says “ongoing change in digital technology, customer needs and international trading arrangements means that DairyAmerica continually reviews its sales strategy to ensure we provide more options to our customers”.
“We have always viewed GDT as playing a positive role in the international market and now is the right time for DairyAmerica to expand contracting choices with the GDT Events platform.”
GDT director Eric Hansen welcomed DairyAmerica’s return to GDT Events and says during its former participation it successfully sold large quantities of skim milk powder (SMP) to a diverse range of buyers.
“Compared to when they previously participated on GDT, we can now provide DairyAmerica with more choices over who sees their supply information and how their winning prices are published,” Hansen says.
“We look forward to working with DairyAmerica once again and providing access to a truly global and diverse pool of active buyers to achieve credible price discovery for their products.”
DairyAmerica members include Agri-Mark Inc, California Dairies Inc, O-AT-KA Milk Producers Inc and United Dairymen of Arizona.
DairyAmerica markets 100% of the SMP, nonfat dry milk (NFDM) and buttermilk powder (BMP) produced by its members. It is the single largest US supplier of these products, reaching at least 50 countries.
Red meat exports to key quota markets enjoyed $1.4 billion in tariff savings in the 2024-25 financial year.
Remediation NZ (RNZ) has been fined more than $71,000 for discharging offensive odours described by neighbours as smelling like ‘faecal and pig effluent’ from its compositing site near Uruti in North Taranaki.
Two kiwifruit orchards in the Bay of Plenty and one in Northland are this year's finalists for the Ahuwhenua Trophy competition.
The Government's chief science advisor, Dr John Roche says the key objective for the science sector in the coming year is bedding down the reforms which sees the merger of the previous entities.
Hawke's Bay apple grower Taylor Corporation says a standout 2026 season, coming after a few difficult years, is boosting optimism among growers.
Horticulture New Zealand (HortNZ) has added its perspective to numerous primary sector voices urging the Government to strengthen its draft legislation to replace the Resource Management Act (RMA).