Displaying items by tag: GLOBAL DAIRY TRADE
A GDT stunner
Fonterra lifts forecast milk price mid-point, advance rate
Fonterra has bumped up its forecast farmgate milk price for the season on the back of rising commodity prices and a strong balance sheet.
Better than feared
Westpac chief economist Kelly Eckhold says last week's Global Dairy Trade (GDT) auction went much better than feared.
August 'crunch time' for season's milk price
August could be a crucial month for the farmgate milk price for this season, according to Rabobank senior agricultural analyst Emma Higgins.
Farmers hope GDT price dip a one-off
Federated Farmers dairy chair Richard McIntyre believes farmers won't be too concerned with last week's Global Dairy Trade (GDT) price drop.
A good start
The final Global Dairy Trade (GDT) auction for the 2023-24 season augurs well the forecast milk price for the new season.
$8 final milk price likely
An $8/kgMS farm gate milk price is still on the cards with less than six weeks left to run this season.
Is a China comeback on?
Dairy prices down as are costs
Dairy prices are easing but cost inflation is down across the board, providing some relief to farmers.
Dairy demand on the rise
There is increasing evidence that dairy demand is on the upswing, according to Rabobank senior agricultural analyst Emma Higgins.