Strong production, tested demand send milk prices crashing
Strong global milk production and rebalancing of demand among key buyers has delivered one of the biggest drops in whole milk powder prices in recent years.
Global Dairy Trade (GDT) and Arla Foods have announced that Arla will begin offering European-sourced skim milk powder (SMP) on GDT Pulse from May 2025 as part of an extension to the GDT Pulse pilot.
"We're excited to welcome Arla to GDT Pulse," says Justin Matijasevich, interim CEO of GDT. "Their participation will expand opportunities for buyers and add further momentum to the GDT Pulse pilot."
Arla's SMP will be available through Pulse actions held during non-GDT Event weeks, offering buyers more frequent price signals and purchasing opportunities. Arla's first GDT Pulse auction is scheduled for 12 May 2025.
"Joining GDT Pulse is a natural evolution of our sales strategy," says Thomas Carstensen, senior vice president of Arla Foods. "It allows us a flexible new way to connect with customers and offer our products more frequently."
Launched in August 2022 by GDT and Fonterra, GDT Pulse is a pilot service offering shorter, more frequent online auctions to complement GDT Events.
Auctions typically last 10-20 minutes and provide additional price discovery for core dairy commodities.
The Fencing Contractors Association of New Zealand (FCANZ) celebrated the best of the best at the 2025 Fencing Industry Awards, providing the opportunity to honour both rising talent and industry stalwarts.
Award-winning boutique cheese company, Cranky Goat Ltd has gone into voluntary liquidation.
As an independent review of the National Pest Management Plan for TB finds the goal of complete eradication by 2055 is still valide, feedback is being sought on how to finish the job.
Beef + Lamb New Zealand has launched an AI-powered digital assistant to help farmers using the B+LNZ Knowledge Hub to create tailored answers and resources for their farming businesses.
A tiny organism from the arid mountains of mainland Greece is facilitating a new way of growing healthier animals on farms across New Zealand.
Alliance has announced a series of capital raise roadshow event, starting on 29 September in Tuatapere, Southland.
OPINION: Westland Milk may have won the contract to supply butter to Costco NZ but Open Country Dairy is having…
OPINION: The Gene Technology Bill has divided the farming community with strong arguments on both the pros and cons of…