Displaying items by tag: GDT

Tuesday, 22 August 2023 13:50

KickStart into touch?

OPINION: Dairy farmers are doing it tough and the latest Global Dairy Trade auction results point to tougher times ahead.

Published in Milking It
Wednesday, 16 August 2023 08:14

Dairy prices crash

Global dairy prices plunged overnight putting further pressure on a depressed farmgate milk price.

Published in General News
Tuesday, 11 July 2023 11:55

Strong supply, weak demand soften prices

Dairy prices have fallen to three-year lows thanks to strong supply and weak demand, mainly for whole milk powder (WMP) from China.

Published in General News

The absence of Chinese demand from the global market is keeping dairy prices subdued.

Published in General News
Tuesday, 13 June 2023 12:55

The world now loves a cheese!

The first Global Dairy Trade (GDT) auction for the new season delivered underwhelming results last week.

Published in General News
Tuesday, 23 May 2023 08:55

Final GDT a fizzer

With just a week left in the 2022-23 season, economists agree that a final milk price around $8.30/kgMS is all but locked in.

Published in General News
Tuesday, 11 April 2023 09:55

Dairy cash flow turning red

Plunging global dairy prices and rising input costs are forcing some farms into negative cash flow, according to Federated Farmers dairy chair Richard McIntyre.

Published in General News
Wednesday, 22 February 2023 11:57

Butter, cheddar prices surge amid Chinese demand

Big jumps in butter and cheddar cheese prices reflect Chinese consumers returning to restaurants, cafes and bakeries, says Westpac’s senior agro economist Nathan Penny.

Published in General News
Tuesday, 24 January 2023 09:55

GDT opens on soft note

Global Dairy Trade (GDT) auction prices were largely unchanged last week.

Published in General News
Wednesday, 30 November 2022 10:55

China holds sway over payout

China's sway over what New Zealand dairy farmers get paid for their milk has been on display this year.

Published in General News
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