Displaying items by tag: GLOBAL DAIRY TRADE
Strong production, tested demand send milk prices crashing
Strong global milk production and rebalancing of demand among key buyers has delivered one of the biggest drops in whole milk powder prices in recent years.
Global dairy prices rebound after two-month decline
Global dairy prices have ended a two-month run of losses.
Middle East demand cushions global dairy price drop at latest GDT auction
The upheaval in the Middle East may have eased the fall in global dairy prices last week.
Arla to offer European-sourced skim milk powder on GDT Pulse
Global Dairy Trade (GDT) and Arla Foods have announced that Arla will begin offering European-sourced skim milk powder (SMP) on GDT Pulse from May 2025 as part of an extension to the GDT Pulse pilot.
$10.25/kgMS milk price now in play
A significant rise in Global Dairy Trade (GDT) auction last week has prompted one bank to lift its forecast milk price for the season to above Fonterra's mid-point.
$10 milk price still on
Whole milk powder prices on Global Dairy Trade (GDT) remains above long run averages and a $10/kgMS milk price for the season remains on the card, says ASB senior economist Chris Tennent-Brown.
Mixed results on GDT
The first Global Dairy Trade (GDT) auction drew mixed results, with drop in powder prices and lift in butter and cheeses.
Weak supply keeping prices high
Weaker milk production in the Northern Hemisphere is keeping dairy prices high.
$9.20 milk price forecast!
ASB has become the first bank to forecast a milk price above $9/kgMS for this season.
Fonterra lifts milk price forecast to $9/kgMS
Fonterra farmers have received several pieces of good news this morning.
