Displaying items by tag: GDT
Fonterra predicts price rise
Global Dairy Trade prices are coming back relatively quickly and Fonterra expects whole milk powder prices to keep climbing over the next six months, says Fonterra chairman John Wilson.
Dairy prices continue to soar
The latest Global Dairy Trade (GDT) auction has delivered more good new for dairy farmers.
No-one plays God on milk supply
What the world needs now is a lot less milk. The short-term outlook is grim.
Buyers dictating terms
Anybody watching international dairy markets knows it’s a bad time to try to move product.
Courage to dangle?
When the Shanghai Stock Exchange plunged last month, Chinese authorities moved quickly to suspend trade.
Debt-laden producers exposed to thin trade
The latest drop in the Global Dairy Trade price index will impact many farmers carrying a lot of debt, says DairyNZ chairman John Luxton.
GDT price slide continues
The bad news continues for dairy farmers with the GDT price index seeing yet another drop at the latest dairy auction.
GDT result shocks farmers
Federated Farmers Dairy chairman Andrew Hoggard says this morning's Fonterra Global Dairy Trade (GDT) result is shocking.
Dairy prices continue to slide
Global dairy prices continue their downward slide, with last night's auction seeing the average price index drop 1.3% to US$2,409/MT.
Milk yield down, hopes up for price upturn
Fonterra is expecting milk production worldwide to slow as the low price makes it unsustainable to milk cows.