Displaying items by tag: ASB

ASB is sticking with its 2016/17 milk price forecasts of $6/kgMS, with the Global Dairy Trade overall price index remaining unchanged overnight.

The GlobalDairyTrade (GDT) price index fall of 0.4% last week was "modest" in the face of Brexit's impact on other markets, rural economists concur.

The 0.4% drop in dairy price index overnight in the GlobalDairyTrade auction was likely Brexit's impact on dairy prices, says ASB rural economist, Nathan Penny.

The GlobalDairyTrade price index remained unchanged after last night's event – but key product, whole milk powder, was down 4.5%.

Make sure you keep control of your business during times of volatility, says ASB's general manager rural, Mark Heer.

People say China will be self-sufficient in milk soon, says ASB general manager rural Mark Heer.

The Global Dairy Trade lift overnight of 2.6% is broadly in line with expectations, says ASB rural economist Nathan Guy.

Dairy prices lifted 2.1% at Fonterra's GlobalDairyTrade auction last night.

EU milk production growth is slowing, says ASB's rural economist Nathan Penny.

It is easy to talk ourselves into doom and gloom nowadays, given a push by ill-informed media reporting and commentary on the agricultural sector.