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Displaying items by tag: GDT
Global dairy prices have recorded one of their biggest drops on the Global Dairy Trade (GDT) platform.
Dairy prices were below expectations at last week’s Global Dairy Trade (GDT) auction, largely due to fat prices.
ASB bumped up its this season milk price forecast by 50c to $7.50/kgMS after last week’s 1.7% rise in the Global Dairy Trade.
Powders led the way for the 3.7% jump in the Global Dairy Trade last week with economists now looking at an upside to current milk price forecasts.