gdt results

Slight rise in WMP price

Whole milk powder price rose slightly in the overnight Global Dairy Trade auction.

Whole milk powder (WMP) price rose slightly in the overnight Global Dairy Trade (GDT) auction.

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GDT price index down 1.1%

The second to last Global Dairy Trade (GDT) event for the 2017-18 production season saw the auction’s price index down 1.1%.

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Global dairy prices up

Global dairy prices rose slightly in the overnight Global Dairy Trade (GDT) auction.

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Milk powder prices still cause for smiles

Whole milk powder saw a small lift of 1.6% to US$3278/tonne at last week’s GDT auction despite the small decline in overall prices of 1.6%, says Emma Higgins, from RaboResearch.

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Whole milk powder price up 1.6%

Global dairy prices eased slightly overnight, however whole milk powder price rose 1.6%.

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Whole milk powder price holds

Global dairy prices dropped slightly overnight but the flagship whole milk powder price managed a slight increase.

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WMP price dip slightly

The whole milk powder price slipped for the first time this year at the overnight Global Dairy Trade (GDT) auction.

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Whole milk powder continues dream run on GDT

Global dairy prices have broken their golden run of 2018. However, whole milk powder prices have lifted for the fourth consecutive time this year.

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Third rise in dairy prices this year

Last night’s Global Dairy Trade auction saw the price index up 5.9% over the previous auction.

Dairy prices have risen for the third consecutive auction this year.

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Dry squeezes prices higher

Fonterra’s milk intake is down following a dry start to summer.

Dry conditions in the early part of summer are suppressing milk production and squeezing dairy prices higher, says BNZ senior economist research Doug Steel.

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