OPINION: In March, the first national dairy-free milk delivery service will be coming to British doorsteps, a clear sign that…
Displaying items by tag: GDT
The Global Dairy Trade (GDT) price index is at a two-year low, but there is some good news ahead, says Rabobank dairy analyst Emma Higgins.
The Global Dairy Trade had its eighth consecutive fall last week putting more downward pressure on Fonterra’s $6.75/kgMS milk price forecast, says BNZ senior economist Doug Steel.
The whole milk powder price has fallen to an eight-month low in the latest Global Dairy Trade (GDT) auction.
GDT Events auctions rewrote the rules of engagement for buying and selling dairy commodities, says Eric Hansen, director Global Dairy Trade.
A weaker New Zealand dollar may help offset the decline in Global Dairy Trade prices, but the reasons behind the lower dollar are more significant to dairy, says Rabobank dairy analyst Emma Higgins.