Displaying items by tag: GDT
Milk Glut Drags Fonterra Forecast Down to $9.20/kgMS
A milk glut around the world shows no sign of easing, putting downward pressure on farmgate milk prices for the next few months.
Glut in global milk supply keeping prices down
The final Global Dairy Trade (GDT) auction has delivered bad news for dairy farmers.
When will global milk production hit a tipping point?
With global milk prices falling, the question is when will key exporting countries reach a tipping point where production starts to dip.
Middle East demand cushions global dairy price drop at latest GDT auction
The upheaval in the Middle East may have eased the fall in global dairy prices last week.
Weak supply keeping prices high
Weaker milk production in the Northern Hemisphere is keeping dairy prices high.
$9.20 milk price forecast!
ASB has become the first bank to forecast a milk price above $9/kgMS for this season.
Milk powder prices up in latest GDT auction
Good news for New Zealand dairy farmers – whole milk and skim milk powder prices rose in the overnight Global Dairy Trade (GDT) auction.
A GDT stunner
What a difference a year can make.
Fonterra lifts forecast milk price mid-point, advance rate
Fonterra has bumped up its forecast farmgate milk price for the season on the back of rising commodity prices and a strong balance sheet.
Better than feared
Westpac chief economist Kelly Eckhold says last week's Global Dairy Trade (GDT) auction went much better than feared.
