Displaying items by tag: GDT
GDT eyes auction platform for European products
Fonterra's online dairy sale platform is looking at a joint auction for European dairy products.
Little change in dairy prices
The latest GlobalDairyTrade (GDT) auction has resulted in little change in the price index.
Disappointing GDT result
Last night’s Global Dairy Trade (GDT) auction was disappointing relative to market predictions, says Westpac senior market strategist Imre Speizer.
WMP price up, GDT index down
The Global Dairy Trade (GDT) auction overnight saw the price index drop 1.6%.
Big burst by butter
Butter prices last week burst through the US$6000/tonne mark for the first time in GDT Event history, hitting US$6004/t for the tenth time this year.
Butter’s dream run continues
Global Dairy Trade (GDT) star performer, butter enjoyed another strong jump in prices overnight.
WMP stands out in auction
Although last week’s GDT price index eased 0.4%, the dairy auction was generally positive, especially the 2.6% lift for whole milk powder (WMP), says ANZ rural economist Con Williams.
"Mild" fall in dairy prices
Healthy margins despite slight dip in prices
Price signals for New Zealand farmers all point to healthy margins for dairy producers despite the slight drop in the GDT Event price index of 0.8% last week, says Rabobank dairy analyst Emma Higgins.
Fat prices continue record run on GDT
Rabobank dairy analyst Emma Higgins says the overnight dairy auction delivered good and bad news.
