gdt results
Last night’s Global Dairy Trade (GDT) auction was disappointing relative to market predictions, says Westpac senior market strategist Imre Speizer.
Published in General News
The Global Dairy Trade (GDT) auction overnight saw the price index drop 1.6%.
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Buyers appear comfortable with the current whole milk powder (WMP) prices despite predictions of higher production in New Zealand, says Rabobank dairy analyst Emma Higgins.
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Global Dairy Trade (GDT) star performer, butter enjoyed another strong jump in prices overnight.
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Westpac analyst Michael Gordon says dairy prices may fall slightly over the year as global production bounces back from last year’s depressed levels.
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Rabobank dairy analyst Emma Higgins says the overnight dairy auction delivered good and bad news.
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The first Global Dairy Trade (GDT) of the new season has delivered a mixed bag of results.
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Global dairy prices are continuing their merry run with the Global Dairy Trade (GDT) price index rising for the fifth consecutive auction.
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Dairy prices have risen for the fourth consecutive auction in last night’s GlobalDairyTrade event.
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Dairy prices increased at the GlobalDairyTrade auction overnight, rising for the third time in a row.
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