Displaying items by tag: GDT
Key trading markets under a cloud
Westpac senior analyst Anne Boniface says fears of tighter international supplies, particularly for whole milk powder, helped dairy prices squeeze higher in the first few Global Dairy Trade auctions of 2018.
Third rise in dairy prices this year
Dairy prices have risen for the third consecutive auction this year.
Payout ‘erring on side of caution’
A “hint of conservativeness” can be detected in Fonterra’s updated forecast on the farmgate milk price last week, says ASB’s senior rural economist Nathan Penny.
GDT price falls halted
The Global Dairy Trade (GDT) auction has broken its run of consecutive price drops.
GDT price index dips 3.4%
Dairy prices have fallen for the fourth straight auction.
Payout looks shaky
Fonterra's forecast milk price of $6.75/kgMS is looking shaky, bank economists agree.
Drop in dairy prices
Dairy prices have fallen for the third successive Global Dairy Trade auction.
Dairy prices dip
Whole milk powder (WMP) defied predictions and dropped in the GlobalDairyTrade (GDT) auction overnight.
Prices could soften if rain persists
Three bank economists see a risk of downside to farmgate prices from last week’s GDT auction where the overall price index dropped 2.4%.
Dairy prices slip
Global dairy prices have unexpectedly dropped in the latest Global Dairy Trade (GDT) auction.
