Tuesday, May 30, 2017
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Dairy Product Prices Continue To Rise
Friday, May 19, 2017 (83 reads)


Prices in the latest Global Dairy Trade (GDT) auction, the tenth sale in 2017, rose 3.2% with an average selling price of $3,313 per ton. This was the fifth successive gain with prices having risen just over 14% in the past two months.



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Dairy Prices Up at Auction
Friday, May 05, 2017 (121 reads)


Dairy product prices advanced at the May 2nd Global Dairy Trade auction, increasing for the fourth consecutive time amid strong demand. The GDT price index climbed 3.6 percent from the previous auction two weeks ago to US$3,166. Some 22,633 tons of product was sold, down from 22,927 tons at the previous auction. Whole milk powder rose 5.2 percent to US$3,233 a ton.



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Global Dairy Trade (GDT) Auction Prices Rise 3.1%
Friday, April 21, 2017 (108 reads)


Prices in the latest Global Dairy Trade (GDT) auction, the eighth sale of calendar 2017, rose 3.1% following a 1.7% gain previously and this was the third successive gain.



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Solid Demand At April 4th Auction Sees Modest Price Rise
Friday, April 07, 2017 (147 reads)


Chinese and southeast Asian demand has remained solid, and coupled with a wide range of buyers, the latest GlobalDairyTrade auction has seen a modest rise in prices. Overall, dairy prices lifted 1.6 percent to an average $3,005 per metric ton and whole milk powder, went up by 2.4 percent to $2,924 per metric ton at the April 4th auction.



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Dairy Product Price Index Rises Slightly As SMP Nose Dives
Friday, March 24, 2017 (190 reads)


Global dairy prices rose unexpectedly at the March 21st GlobalDairyTrade auction, even while volumes increased, raising prospects that last year's recovery in milk prices is back on track. But average prices rose for the first time in six weeks, adding 1.7 percent to $3,101 per ton in the Global Dairy Trade auction held by GDT Events overnight.However, it comes after a dramatic drop two weeks ago, where skim milk power and whole milk powder prices took a heavy blow. 



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