Displaying items by tag: GLOBAL DAIRY TRADE
Whole milk powder price up 1.6%
Global dairy prices eased slightly overnight, however whole milk powder price rose 1.6%.
Whole milk powder price holds
Global dairy prices dropped slightly overnight but the flagship whole milk powder price managed a slight increase.
$6.50kgMS payout still possible
The GDT auction last week was close to expectations, and even included a slightly positive surprise with a 5.5% jump in skim milk powder prices, says BNZ senior economist Doug Steel.
WMP price dip slightly
The whole milk powder price slipped for the first time this year at the overnight Global Dairy Trade (GDT) auction.
Whole milk powder continues dream run on GDT
Global dairy prices have broken their golden run of 2018. However, whole milk powder prices have lifted for the fourth consecutive time this year.
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.
