Displaying items by tag: GDT
European milk worm turning
News out of Europe was more interesting than the lacklustre Global Dairy Trade auction last week, says Rabobank dairy analyst Emma Higgins.
GDT prices unchanged
ASB is sticking with its 2016/17 milk price forecasts of $6/kgMS, with the Global Dairy Trade overall price index remaining unchanged overnight.
Brexit spares prices
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.
GDT drop the impact of Brexit
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.
GDT unchanged but key product down
The GlobalDairyTrade price index remained unchanged after last night's event – but key product, whole milk powder, was down 4.5%.
Mixed bag results at dairy auction
The latest Global Dairy Trade Auction returned a mixed bag of results for farmers.
China resumes buying but still a long road ahead
Last week's GlobalDairyTrade result indicates China is back in the market and New Zealand supply is tightening, says Doug Steel, BNZ senior economist.
New services on GlobalDairyTrade
Fonterra's Global Dairy Trade is set to expand its role in online trading and digital services.
GDT up 3.8%
GlobalDairyTrade Event 162 concluded with the GDT price index up 3.8%, beating expectations.
Glimmer of light but keep toughing it out
The unexpected slight lift of 2.1% in the GlobalDairyTrade price index last week was a tiny glimmer of light at the end of the tunnel, commentators say.