Wednesday, January 16, 2019
 GlobalDairyTrade Product Volumes Fall  

The quantity of product offered for sale by Fonterra at the first GDT auction in 2013 will be less than that on offer at the previous auction. Fonterra typically reduces the amount of product offered from now on until the end of the dairy production season as delivery periods start to co-inside with the lower milk production months.

At the next auction on January 2nd, there will be 31,000 tons of whole milk powder (WMP) on offer, 4,350 tons of skim milk powder (SMP) and 4,600 tons of anhydrous milkfat (AMF). WMP and AMF volumes are as per previous forecast while SMP volumes have been reduced slightly. Forecast annual supply for the next 12 months has been slightly adjusted. WMP volumes have been increased by 0.4% to 550,000 tons.

Source: NZX Futures

Posted on Friday, December 28, 2012 (Archive on Friday, January 04, 2013)
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