Displaying items by tag: GDT
'Don't worry too much about price swings'
Focus on market fundamentals and not the fortnightly Global Dairy Trade (GDT) moves, says ASB economist Nat Keall.
Fonterra's $35m windfall
'Expect dairy prices to rise'
Dairy prices are expected to recover more lost ground, says Westpac senior agri economist Nathan Penny.
Dairy prices retreat from lofty heights
Global dairy prices are retreating as Omicron takes hold in more Chinese cities, disrupting the world's biggest market.
Fonterra revises forecast milk price
Successive drops in the price of whole milk powder have prompted Fonterra to revise its forecast milk price for the season.
Fonterra opens up GDT to key investors
Fonterra is opening up ownership of its successful global dairy auction platform to two strategic partners.
Fonterra-owned GDT reaches milestone
Less milk this season
Fonterra has dropped its 2021-22 New Zealand forecast milk collection by 1.6% due to weather constraints.
Red hot start to the New Year!
Global dairy prices have started the New Year in red hot form and ASB economist Nat Keall says a record milk price is now "a practical certainty".
Record milk price is holding
Last week's rise in global dairy prices has further boosted the chance of a record-breaking $9 milk price for the season.