A Tinder-inspired app called Tudder is helping farmers to match their cattle with suitable mates — by swiping right on…
GDT Events auctions rewrote the rules of engagement for buying and selling dairy commodities, says Eric Hansen, director Global Dairy Trade.
A weaker New Zealand dollar may help offset the decline in Global Dairy Trade prices, but the reasons behind the lower dollar are more significant to dairy, says Rabobank dairy analyst Emma Higgins.
Dairy prices softened slightly again at last week’s Global Dairy Trade Event but results were again mixed, says Rabobank dairy analyst Emma Higgins.
Would price declines at last week’s Global Dairy Trade auction have been bigger had there not been a downside risk to future NZ production from Mycoplasma bovis and the plan to eradicate it, wonders BNZ senior economist Doug Steel.
A fortnightly online wool auction modelled on the Global Dairy Trade (GDT) will go live for the first trading event on May 22.
Whole milk powder prices were softer at last week’s GDT auction, taking the average price down 1.5% to US$3231/t and the overall price index down 1.1%, says Rabobank dairy analyst Emma Higgins.