Wednesday, 10 July 2019 10:55

Forecasts steady as demand holds

Banks are mainly holding firm on their forecasts of $7/kgMS despite last week’s flat Global Dairy Trade result – a small decline of 0.4% in the overall price index.

Published in General News

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.

Published in General News
Tuesday, 28 May 2019 11:55

No surprise in softer WMP price

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.

Published in General News
Wednesday, 22 May 2019 07:36

GDT price index golden run ends

After eleven consecutive rises, the Global Dairy Trade (GDT) price index dropped in the overnight auction.

Published in General News
Tuesday, 14 May 2019 10:27

Optimism for the new season

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.

Published in General News
Wednesday, 08 May 2019 11:15

Dairy prices edge higher

Dairy prices continued to edge higher in last night’s Global Dairy Trade (GDT) auction with the aggregate price index up 0.4%.

Published in General News

Soaring butter prices may see next season’s milk price go beyond $7/kgMS – even as high as the mid sevens.

Published in General News

The Global Dairy Trade (GDT) price index has now risen in ten consecutive auctions and is up 23% since the start of the year.

Published in General News
Wednesday, 03 April 2019 10:36

Ninth straight rise for GDT price index

The Global Dairy Trade (GDT) price index has risen for the ninth consecutive time.

Published in General News
Wednesday, 27 March 2019 09:25

Tight supply, solid demand

Whole milk powder, butter and cheese prices were the big drivers of the eighth bounce in a row for the Global Dairy Trade (GDT) last week, says Emma Higgins, Rabobank dairy analyst.

Published in General News
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