Displaying items by tag: GlobalDairyTrade

Although last week’s GDT price index eased 0.4%, the dairy auction was generally positive, especially the 2.6% lift for whole milk powder (WMP), says ANZ rural economist Con Williams.

Price signals for New Zealand farmers all point to healthy margins for dairy producers despite the slight drop in the GDT Event price index of 0.8% last week, says Rabobank dairy analyst Emma Higgins.

Rabobank dairy analyst Emma Higgins says the overnight dairy auction delivered good and bad news.

A new Global Dairy Trade Marketplace platform launched a year ago has attracted registered sellers from Europe, USA, Asia and Oceania.

It's strange times for the global dairy market.

The first Global Dairy Trade (GDT) of the new season has delivered a mixed bag of results.

Fonterra has announced an opening forecast of $6.50/kgMS for the 2017-18 season which starts June 1.

After five consecutive increases in Global Dairy Price (GDT) auctions, a $7/kgMS opening forecast for the new 2017-18 season is feasible.

Dairy prices have risen for the fourth consecutive auction in last night’s GlobalDairyTrade event.

There's scope for a small lift this season in Fonterra’s farmgate milk price after the GDT Event price index rose 3.1% last week, says BNZ senior economist Doug Steel.