Displaying items by tag: GDT
Expect more of the same as dairy prices on Global Dairy Trade (GDT) broke a two-month drought and posted an increase last week.
Fonterra is sticking to its 2020-21 season forecast payout range of $5.90 to $6.90/kgMS as dairy prices slipped further in the overnight auction.
Second waves of COVID-19 around the world continue to weigh on dairy prices, according to Westpac senior agri economist Nathan Penny.
The country's second-largest milk processor says it isn’t surprised at the big drop in whole milk powder prices at the last Global Dairy Trade (GDT) auction.
After a buoyant month, dairy prices have fallen on the back of renewed concerns around a resurging Covid-19.
Dairy prices tumbled in the overnight Global Dairy Trade (GDT) auction, but analysts aren’t surprised.