Displaying items by tag: GDT
Little change in GDT prices
The Global Dairy Trade (GDT) auction overnight saw little change in dairy prices.
Global markets firm, NZ flying
The global dairy market looks set to remain firm through the coming six months, says Rabobank’s latest global Dairy Quarterly report.
Chinese demand lifts dairy prices
The rise in global dairy prices could be partially attributed to demand from China, says Westpac market strategist Imre Speizer.
Dairy prices dip slightly
Global dairy prices dipped slightly in the overnight Global Dairy Trade (GDT) auction.
Dairy price dips slightly
The global dairy price index dipped slightly overnight.
Dairy prices fall
Dairy prices fell overnight in Global Dairy Trade (GDT) auction, reversing the lift in the previous event.
GDT price jump surprises economists
The 2.7% jump in last week’s Global Dairy Trade overall price index – with a 3.6% bounce in whole milk powder – was a surprise, economists agree.
Dairy prices rise after four straight drops
Dairy prices ended their recent slide in last night’s GlobalDairyTrade auction, with the price index lifting 2.7%.
Forecasts steady as demand holds
Banks are mainly holding firm on their forecasts of $7/kgMS despite last week’s flat Global Dairy Trade result – a small decline of 0.4% in the overall price index.
$7 payout still on the cards
Economists are still sticking to a 2019/20 season forecast of around $7/kgMS despite the 3.8% drop in the Global Dairy Trade overall price index last week.