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Sunday, April 23, 2017
Current  Archive  
Global Dairy Trade (GDT) Auction Prices Rise 3.1%
Friday, April 21, 2017 (31 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 (79 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 (128 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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GlobalDairyTrade Auction Prices Fall 6.3%
Friday, March 10, 2017 (140 reads)

Prices at the March 7th Global Dairy Trade (GDT) auction, the fifth sale of 2017, fell 6.3%  to $3,512 per ton following a 3.2% decline previously. There was a 12.4% decline in Whole Milk Powder prices to $2,782 per ton while Skim milk powder prices fell 15.5%. The decline in GDT prices was slightly lower than expected by futures markets which had priced in an 8% decline.

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Latin America’s Dairy Industry Looks for Recovery in 2017
Friday, February 24, 2017 (242 reads)

Latin America’s dairy industry struggled immensely during 2016. Low milk prices and high production costs ate into farmer margins while low global dairy commodity prices and weak macroeconomic performance dimmed consumption opportunities both domestically and abroad. For most of the year the sector battled to find sustainable balance between supply and demand.

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