Displaying items by tag: GDT

Global dairy prices have tumbled in the latest Global Dairy Trade (GDT) event.

Was last week’s 3.4% drop in the Global Dairy Trade overall price index a warning sign or a temporary dip? Economists are divided.

The global dairy price index recorded its second straight drop overnight.

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.

Softer whole milk powder (WMP) prices are not surprising given China’s strong import activity recently and the steadily increasing WMP pricing, says Rabobank dairy analyst Emma Higgins.

After eleven consecutive rises, the Global Dairy Trade (GDT) price index dropped in the overnight auction.

The Global Dairy Trade (GDT) price index rose just 0.4% last week, but positive indicators will maintain market optimism for the new season, says BNZ senior economist Doug Steel.

Dairy prices continued to edge higher in last night’s Global Dairy Trade (GDT) auction with the aggregate price index up 0.4%.

Soaring butter prices may see next season’s milk price go beyond $7/kgMS – even as high as the mid sevens.

The Global Dairy Trade (GDT) price index has now risen in ten consecutive auctions and is up 23% since the start of the year.