Displaying items by tag: GLOBAL DAIRY TRADE

Global Dairy Trade (GDT) star performer, butter enjoyed another strong jump in prices overnight.

Global dairy prices are continuing their merry run with the Global Dairy Trade (GDT) price index rising for the fifth consecutive auction.

After four successive price increases, global dairy prices dipped slightly in Global Dairy Trade auction overnight.

The Global Dairy Trade price index was up 6.6% overnight, with the all-important whole milk powder up 9.9%.

Feds dairy chairman Andrew Hoggard says the Global Dairy Trade (GDT) auction needs some CPR to shock it back into life.

News out of Europe was more interesting than the lacklustre Global Dairy Trade auction last week, says Rabobank dairy analyst Emma Higgins.

ASB is sticking with its 2016/17 milk price forecasts of $6/kgMS, with the Global Dairy Trade overall price index remaining unchanged overnight.

Federated Farmers is calling for the Government to apply diplomatic pressure with European countries wanting to move backwards towards more regulation.

Another fortnight passes and we have another lacklustre Global Dairy Trade result and Fonterra confirming it has revised its milk price for the current season (2015-16).

Banks have cut their farmgate milk price forecast after another drop in the GDT price index last week, albeit minor at an overall 1.4%.