Global Dairy Trade Volumes: More WMP and Less SMP

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Fonterra has revised its forecast GlobalDairyTrade volumes in favor of whole milk powder (WMP), at the expense of skim milk powder (SMP). The 12 month forecast sees an additional 19,500 tons of WMP added bringing the total forecast volume up to 433,000 tons. Despite the increase in the WMP forecast the volume on offer over the next 12 months is still 20% less than the amount of WMP Fonterra has sold on GDT in the past 12 months. 
SMP volumes on offer over the next 12 months have been revised down by 4,500 tons to 132,250 tons. This puts the 12 month forecast volume 2% lower than the amount Fonterra sold on GDT in the past year.
The anhydrous milkfat (AMF) 12 month forecast volume remains unchanged at 74,054 tons. During the past 12 months over 96,000 ton of AMF was traded on GDT, 23% more than is forecast to be offered in the coming year.
Clients are advised to contact their Fonterra sales representative if they have any queries.
Information about the volume of product Fonterra plans to sell via GlobalDairyTrade can be found on www.nzxfutures.com
Source: ADPI

Mirá También

Así lo expresó Domingo Possetto, secretario de la seccional Rafaela, quien además, afirmó que a los productores «habitualmente los ignoran los gobiernos». Además, reconoció la labor de los empresarios de las firmas locales y aseguró que están «esperanzados» con la negociación entre SanCor y Adecoagro.

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