Displaying items by tag: GLOBAL DAIRY TRADE

Feds dairy chairman Andrew Hoggard says the Global Dairy Trade (GDT) auction needs some CPR to shock it back into life.

News out of Europe was more interesting than the lacklustre Global Dairy Trade auction last week, says Rabobank dairy analyst Emma Higgins.

ASB is sticking with its 2016/17 milk price forecasts of $6/kgMS, with the Global Dairy Trade overall price index remaining unchanged overnight.

Federated Farmers is calling for the Government to apply diplomatic pressure with European countries wanting to move backwards towards more regulation.

Another fortnight passes and we have another lacklustre Global Dairy Trade result and Fonterra confirming it has revised its milk price for the current season (2015-16).

Banks have cut their farmgate milk price forecast after another drop in the GDT price index last week, albeit minor at an overall 1.4%.

Opportunistic buyers taking advantage of low prices were probably behind last week's 3.6% overall rise in the GlobalDairyTrade (GDT), says Rabobank research analyst Emma Higgins.

Winston Peters' office loves to bag the dairy industry and Fonterra, mostly for all the wrong reasons.

Fonterra chairman John Wilson says dairy prices are expected to firm up early next year.

Federated Farmers says this morning's Global Dairy Trade auction, which delivered a third straight drop in the price index, was disappointing but not unexpected.