Displaying items by tag: GlobalDairyTrade

Winston Peters' office loves to bag the dairy industry and Fonterra, mostly for all the wrong reasons.

Fonterra chairman John Wilson says dairy prices are expected to firm up early next year.

Federated Farmers says this morning's Global Dairy Trade auction, which delivered a third straight drop in the price index, was disappointing but not unexpected.

It's been another bad morning for the dairy industry.

Global dairy commodity prices have risen sharply in recent months, as indicated by GlobalDairyTrade (GDT) auction results and European spot pricing.

Former Fonterra chairman Sir Henry van der Heyden has described his leadership style as essentially "very simple".

ASB still expects dairy auction prices to rise over the season despite the GlobalDairyTrade price index falling 7.4% at the auction overnight.

ASB has lifted its milk price forecast to $5/kgMS for the season after GlobalDairyTrade (GDT) auction prices spiked higher for the third successive lift overnight, with the lift larger than expectations.

Dairy farmers will be feeling some relief this morning with the latest Global Dairy Trade auction seeing its third consecutive rise.

The past year has tested many assumptions made about the world dairy market, most importantly that there was a once-bottomless market being driven by the urbanisation miracle occurring in China.