UK farmers are up in arms over claims made in a TV documentary Apocalypse Cow: How Meat Killed the Planet.
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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.
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 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%.