Displaying items by tag: ANNE BONIFACE

Slowing economic activity in China isn’t affecting that nation’s appetite for dairy products.

A big reduction in European stocks of skim milk powder (SMP) was behind its whopping 10.3% rise in price at last week’s auction, economists concur.

Economists aren't too excited about last week’s 2.2% overall lift in the Global Dairy Trade price index.

Fonterra surprised observers last week by announcing an early upgrade of its milk price; the GlobalDairyTrade (GDT) price index lift of just 1.7% was lower than expected, says ASB’s senior rural economist Nathan Penny.

“A super start to spring” is how Rabobank dairy analyst Emma Higgins describes the third consecutive significant rise on the Global Dairy Trade (GDT) event platform.