GDT results signal a good two weeks for the dairy sector
The results of the last two Global Dairy Trade (GDT) events should give reassurance to farmers that milk prices will remain reasonably steady over the coming months. By Richard Halleron.
Dairy markets: futures hit two-month high
New Zealand WMP futures have climbed 3% this week on the back of another GDT rise. By Matthew Halpin.
Dairy prices rise for a third time in latest auction
Dairy product prices bumped higher again at the latest Global Dairy Trade (GDT) auction in the wake of cyclones Cook and Debbie.
Price index jumps by 3.1% at the latest GDT event
The latest Global Dairy Trade event has seen the price index for dairy products jump by 3.1%, following on from an increase of 1.6% at the previous auction. By Conor Finnerty.
Lentamente suben los precios en el GDT de Fonterra
El evento Nro 186 del Global Dairy Trade concluyo con un aumento promedio del 3.1%
Online sales platform passes US$20b mark
The online global dairy auction launched by Fonterra nine years ago has sold US$20 billion of products.
NZX dairy futures trade in record volumes on fear big wet will dent milk production
Persistent heavy rain in New Zealand, the world’s largest exporter of dairy products, spurred record trading in NZX dairy futures yesterday as traders bet soggy pastures heading into winter will dent future milk production. By TINA MORRISON.
Wet, wild weather pushes up dairy future prices
Heavy rains across New Zealand this week have pushed up the price of NZX whole milk powder futures, as traders anticipate slower grass growth will dent future milk production.
Solid demand at GlobalDairyTrade auction sees modest price rise
Chinese and south-east Asian demand has remained solid, and coupled with a wide range of buyers, the latest GlobalDairyTrade auction has seen a modest rise in prices. By GERARD HUTCHING
Fonterra 'cautiously positive' on dairy prices, even as futures bounce
Fonterra said it was «cautiously positive» over dairy prices, even while foreseeing continued market volatility, and raising its estimate for milk output in New Zealand, the top exporting nation.