Friday, November 16, 2018
 GlobalDairyTrade Volumes Are Up  

GlobalDairyTrade volumes are up but in line with previous forecasts. Fonterra will offer 8,250 tons of whole milk powder (WMP) at the next GlobalDairyTrade (GDT) scheduled for May 1st, compared to the 5,000 tons on offer at the previous auction. Once again the majority of the product on offer will be for the later delivery periods, ie September onwards. At the corresponding auction in 2012, when milk flows were at elevated levels, Fonterra were able to offer 20,000 tons of WMP. Annual forecast volumes have been slightly adjusted with butter volumes up 6.2%, milk protein concentrate (MPC) up marginally, and WMP volumes

Source: NZX Agri

Posted on Saturday, April 27, 2013 (Archive on Saturday, May 04, 2013)
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