Middle East demand cushions global dairy price drop at latest GDT auction
The upheaval in the Middle East may have eased the fall in global dairy prices last week.
GLOBALDAIRYTRADE (GDT) has announced that Molkerei Ammerland will join the seven existing sellers on GlobalDairyTrade beginning September, 2014, offering sweet whey powder for the first time on the world's leading dairy auction platform.
Molkerei Ammerland's participation as a seller on GDT marks yet another significant development in the online dairy commodity trading platform.
Molkerei Ammerland, one of Europe's leading dairy cooperatives, gathers milk from over 2000 farmers across northwest Germany, and through its state of the art production facilities it processes more than 1.5 billion kilograms of milk for sale to over 50 countries around the world. Molkerei Ammerland specialises in cheeses, butter, whey powders, milk powders and fresh dairy products, and has capitalised on over 125 years' experience.
Molkerei Ammerland CEO Ralf Hinrichs says that "exports already make up 49% of our sales, and will become increasingly important as we increase our production capacity. GDT gives us the opportunity to access worldwide demand for dairy and to compete more effectively on the world stage. This announcement is good for Molkerei Ammerland, its farmers and other business partners."
Director of GlobalDairyTrade Paul Grave says, "GlobalDairyTrade is delighted to welcome Molkerei Ammerland as the latest new seller in our fortnightly auctions. We believe the addition of Sweet Whey Powder will also be welcomed by the network of over 650 registered buyers as we continue to expand GDT's role as a key platform for international trade in a broad range of dairy commodities."
Since its inception in 2008 GDT has sold over US $14 billion of dairy ingredients products. The introduction of sweet whey powder extends GDT's offerings to nine product groups offered by eight leading dairy producers. GDT has traded more than one million metric tonnes in just the last 12 months, and this new development will further deepen the liquidity and price transparency for these products.
Further information about Molkerei Ammerland's offering on GDT will be provided in the lead up to formal participation in September. Customer inquiries can be directed to This email address is being protected from spambots. You need JavaScript enabled to view it..
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
Holstein Friesian excellence was front and centre at the 2025 Holstein Friesian NZ (HFNZ) Awards, held recently in Invercargill.
The work Fonterra has done with Ballance Agri-Nutrients Ltd, LIC and Ravensdown to save farmers time through better data connections has been recognised with a national award.
OPINION: Years of floods and low food prices have driven a dairy farm in England's northeast to stop milking its…
OPINION: An animal activist organisation is calling for an investigation into the use of dairy cows in sexuallly explicit content…