Displaying items by tag: GLOBAL DAIRY TRADE
Whopping 14% rise in WMP price!
New Zealand dairy farmers have woken up to some great news.
Dairy prices rise
The Global Dairy Trade (GDT) auction overnight delivered its third consecutive positive result.
Global dairy prices settling down
Global dairy prices are settling down after a rollercoaster ride triggered by the COVID-19 pandemic.
Slight rise in global dairy prices
Global dairy prices recorded a slight lift in the overnight Global Dairy Trade (GDT) auction.
Dairy prices ‘hanging in there’
New Zealand dairy prices are “still hanging in there,” relatively speaking, says US-based RaboResearch dairy analyst Tom Bailey.
Less demand for dairy triggers price drop
The drop in global dairy prices point to continued weakness in global demand for imported dairy products, says RaboResearch’s Thomas Bailey.
Virus fails to infect $7-plus payout
Take the win but don’t bet the farm on it lasting.
$7-plus still on the cards
Despite four consecutive drops in Global Dairy Trade (GDT) prices, analysts are sticking with a payout of around $7.20/kgMS for this season.
Is China back?
There was a silver lining to the fourth straight drop in global dairy prices last week: demand in China is recovering.
Dairy fundamentals looking good
Independent economist Cameron Bagrie says dairy fundamentals are looking pretty good, despite the GDT dropping in the past three auctions.
