Displaying items by tag: GDT
ASB holds $5.80kg/MS forecast
THE ASB has held its milk price forecast at $5.80kg/MS for the 2014/15 season after a mixed bag in the overnight GDT auction.
European newcomer to GDT
GLOBALDAIRYTRADE (GDT) has announced that Molkerei Ammerland will join the seven existing sellers on GlobalDairyTrade beginning September, 2014, offering sweet whey powder for the first time on the world's leading dairy auction platform.
New GDT sales record
At last, some positive news from Fonterra.
GDT up 14%
Global dairy prices are continuing to rise. The overnight Global Dairy Trade (GDT) trade weighted index rose 14.2%, its eight straight gain.
Fonterra lifts half-year profit
Fonterra has announced a half-year net profit of $459 million, a 33% increase over the previous year.
Milk payout up
Fonterra has lifted its 2012-13 forecast payout to $6.12/kgMS.
Dairy prices slump
Dairy prices have fallen to their lowest level in almost three years.
Auction a microcosm of global market
Jo Bills
After a long period of relative stability, helped in part by increased frequency of auctions, it has been an action-packed month for the GlobalDairyTrade (GDT) platform.
