Displaying items by tag: GlobalDairyTrade

The GlobalDairyTrade (GDT) price index fall of 0.4% last week was "modest" in the face of Brexit's impact on other markets, rural economists concur.

The 0.4% drop in dairy price index overnight in the GlobalDairyTrade auction was likely Brexit's impact on dairy prices, says ASB rural economist, Nathan Penny.

The GlobalDairyTrade price index remained unchanged after last night's event – but key product, whole milk powder, was down 4.5%.

The Global Dairy Trade lift overnight of 2.6% is broadly in line with expectations, says ASB rural economist Nathan Guy.

The latest Global Dairy Trade Auction returned a mixed bag of results for farmers.

Last week's GlobalDairyTrade result indicates China is back in the market and New Zealand supply is tightening, says Doug Steel, BNZ senior economist.

Fonterra's Global Dairy Trade is set to expand its role in online trading and digital services.

GlobalDairyTrade Event 162 concluded with the GDT price index up 3.8%, beating expectations.

The unexpected slight lift of 2.1% in the GlobalDairyTrade price index last week was a tiny glimmer of light at the end of the tunnel, commentators say.

Dairy prices lifted 2.1% at Fonterra's GlobalDairyTrade auction last night.