Displaying items by tag: GlobalDairyTrade

Dairy prices increased at the GlobalDairyTrade auction overnight, rising for the third time in a row.

The online global dairy auction launched by Fonterra nine years ago has sold US$20 billion of products.

The rise of fats continues to play out as the GlobalDairyTrade (GDT) auction saw its second consecutive rise last week, says Rabobank dairy analyst, Emma Higgins.

Dairy prices rose in the overnight Global Dairy Trade (GDT) auction, for the second time in a row.

Latin America may have been the unexpected cause of the GlobalDairyTrade (GDT) overall price index rising 1.7% last week against expectations, says ASB senior rural economist Nathan Penny.

Dairy prices stabilised in last night’s Global Dairy Trade (GDT) auction, rising 1.7% following a 9% fall over the previous two auctions.

Better growing conditions over summer than during a bad spring is likely a factor in the dip of 3.2% in the GlobalDairyTrade auction last week, economists say.

Dairy product prices gained slightly at the Global Dairy Trade auction overnight.

The Commerce Commission has signalled it plans to look at details as to how Fonterra will include non GlobalDairyTrade sales in calculations for the milk price.

The Global Dairy Trade price index was up 3.5% overnight – with at least one major bank now saying the farmgate milk price may go higher.