Displaying items by tag: GDT

Fonterra has lifted its forecast farmgate milk price, hot on the heels of a huge leap in global dairy prices.

Fonterra’s reliable supply chain and strong demand from China and South East Asia are helping drive dairy prices up, says co-op chief executive Miles Hurrell.

New Zealand dairy farmers woke up to some very good news. The overnight Global Dairy Trade (GDT) auction recorded a massive jump in prices.

Incomplete deliveries and logistics disruptions were common issues for the 300 bidders on Global Dairy Trade auctions last year.

China's growing appetite for New Zealand dairy products is showing no signs of abating.

Global dairy prices have continued their golden run, with the Global Dairy Trade auction recording its seventh consecutive rise in the price index.

Don't rule out another lift in Fonterra’s milk price with global dairy prices on a roll, say commentators.

Fonterra announced today that it will lift its 2020/21 forecast Farmgate Milk Price range to $6.90 - $7.50/kgMS.

The stage is set for another rise in Fonterra’s forecast milk payout following a fifth straight jump in Global Dairy Trade (GDT) prices.

New Zealand dairy farmers deserve credit for premium prices fetched around the world for their milk, says Fonterra chief executive Miles Hurrell.