Displaying items by tag: GLOBAL DAIRY TRADE
Global milk supply forces down milk price
Persistently strong global milk supply forced Fonterra to cut its milk price forecast last week by about 20-25 cents.
GDT rise unexciting – economists
Economists aren't too excited about last week’s 2.2% overall lift in the Global Dairy Trade price index.
Too little too late?
On the eve of Fonterra revising its farmgate milk price, the overnight Global Dairy Trade auction (GDT) offered farmers some good news.
Milk price cut ‘will not surprise’
With production up 6.5% on last year for the peak of the season, a downward adjustment in Fonterra’s milk price will not be surprising, says BNZ senior economic Doug Steel.
Competitive milk price ‘doesn’t just happen’
Fonterra chairman John Monaghan says a lot of work goes into delivering a globally competitive milk price to farmers.
Dairy prices fall 2% at auction
Dairy prices continue to track lower, broadly in line with expectations on the day.
Dairy prices continue to slide
Global dairy prices have continued their downward slide.
Global dairy prices fall
Another Global Dairy Trade (GDT) auction, leads to another dip in milk powder prices.
Some good news ahead on 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.
Dairy prices fall, again
Global dairy prices have fallen again and supply expectations out of New Zealand might be at play.
