Thursday, March 23, 2017
Current  Archive  
GlobalDairyTrade Auction Prices Fall 6.3%
Friday, March 10, 2017 (69 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 (157 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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Forecast Lift in Milk Production Sees World Dairy Prices Fall 3.2%
Friday, February 24, 2017 (99 reads)

Global dairy prices fell at an auction held on February 21st, on signals that milk production would be higher than expected. Average prices dipped 3.2 percent at the Global Dairy Trade auction, which takes place twice a month, with an average selling price of $3,474 per ton. Prices for whole milk powder fell 3.7 percent while skim milk powder fell 3.8 percent.

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World Dairy Prices Rise 1.3 Percent at Global Dairy Trade Auction
Thursday, February 09, 2017 (147 reads)

World dairy product prices gained at the GlobalDairyTrade auction, bucking expectations for a decline, as both whole and skim milk powder rose. The GDT price index rose 1.3% with an average selling price of $3,537 at the February 7th  auction, while product volume sold was down 3.4% to 21,273 tons.

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Global Dairy Trade Prices Rise 0.6%, Milk Powder Prices Edge Lower
Thursday, January 19, 2017 (143 reads)

International dairy prices at the January 17th auction edged up slightly reinforcing an ongoing recovery that had been dented by two consecutive auctions of losses. Overall prices in the latest Global Dairy Trade (GDT) auction rose 0.6% to $3,517 following a 3.9% decline in the first auction of 2017. This was the first increase in three auctions and broadly in line with consensus expectations of a slight improvement.

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