Displaying items by tag: GLOBAL DAIRY TRADE
$10.25/kgMS milk price now in play
A significant rise in Global Dairy Trade (GDT) auction last week has prompted one bank to lift its forecast milk price for the season to above Fonterra's mid-point.
$10 milk price still on
Whole milk powder prices on Global Dairy Trade (GDT) remains above long run averages and a $10/kgMS milk price for the season remains on the card, says ASB senior economist Chris Tennent-Brown.
Mixed results on GDT
The first Global Dairy Trade (GDT) auction drew mixed results, with drop in powder prices and lift in butter and cheeses.
Weak supply keeping prices high
Weaker milk production in the Northern Hemisphere is keeping dairy prices high.
$9.20 milk price forecast!
ASB has become the first bank to forecast a milk price above $9/kgMS for this season.
Fonterra lifts milk price forecast to $9/kgMS
Fonterra farmers have received several pieces of good news this morning.
China making a comeback?
Is China's appetite for dairy back on the rise?
Milk powder prices up in latest GDT auction
Good news for New Zealand dairy farmers – whole milk and skim milk powder prices rose in the overnight Global Dairy Trade (GDT) auction.
A GDT stunner
What a difference a year can make.
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.
