Displaying items by tag: GDT

Global dairy prices have risen in the latest Global Dairy Trade (GDT) auction overnight.

Chinese national holidays could have affected last week’s Global Dairy Trade auction, in which the overall price index was down 3%, say economists.

Global milk production has fallen faster than expected in recent months, with the resulting rally in global dairy markets expected to be sustained into 2017, according to Rabobank.

The GlobalDairyTrade Event 173 concluded with the GDT Price Index down 3% over night.

Fonterra’s annual results announcement will increase certainty and security for dairy farmers, in what has been a positive week for the industry, say the Feds.

The Global Dairy Trade Event 172 concluded with the GDT Price Index up 1.7%.

“A super start to spring” is how Rabobank dairy analyst Emma Higgins describes the third consecutive significant rise on the Global Dairy Trade (GDT) event platform.

Global Dairy Trade Event 171 concluded overnight with the GDT price index up 7.7%

The Global Dairy Trade price index was up 6.6% overnight, with the all-important whole milk powder up 9.9%.

Feds dairy chairman Andrew Hoggard says the Global Dairy Trade (GDT) auction needs some CPR to shock it back into life.