Displaying items by tag: GLOBAL DAIRY TRADE
Good news at last - GDT up 6.6%
The Global Dairy Trade price index was up 6.6% overnight, with the all-important whole milk powder up 9.9%.
Bumbling prices need CPR shock
Feds dairy chairman Andrew Hoggard says the Global Dairy Trade (GDT) auction needs some CPR to shock it back into life.
European milk worm turning
News out of Europe was more interesting than the lacklustre Global Dairy Trade auction last week, says Rabobank dairy analyst Emma Higgins.
GDT prices unchanged
ASB is sticking with its 2016/17 milk price forecasts of $6/kgMS, with the Global Dairy Trade overall price index remaining unchanged overnight.
Time to act over milk prices, say Feds
Federated Farmers is calling for the Government to apply diplomatic pressure with European countries wanting to move backwards towards more regulation.
Sit up, your dinner’s printed
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).
Optimism as banks cut forecast payout
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%.
‘Opportunistic buyers’ know prices won’t last
Opportunistic buyers taking advantage of low prices were probably behind last week's 3.6% overall rise in the GlobalDairyTrade (GDT), says Rabobank research analyst Emma Higgins.
Misery guts politician
Winston Peters' office loves to bag the dairy industry and Fonterra, mostly for all the wrong reasons.
Good reasons to expect early dairy price lift
Fonterra chairman John Wilson says dairy prices are expected to firm up early next year.
