Fonterra: Whole milk powder is close to $3000 ?
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New Global Dairy Trade event concluded with a 1.9% increase in the price index
USDA: New Zealand Dairy and Products Semi-annual
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Drought conditions in the North Island are impacting milk supply in New Zealand, with milk production now forecast in 2020 at 21.7 million metric tons (MMT), down a little under 1 percent from 2019.
Dairy: The Sum of All Fears
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Global Dairy Trade Event 258 concluded with the GDT Price Index down 4.2%
GDT index sees slight increase in latest auction
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The latest Global Dairy Trade (GDT) auction has concluded with a slight lift for the GDT index overall, marking the first increase in five events.
Global Dairy Commodity Update – April 2020
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Dairy markets continue to experience deep impacts from COVID-19 through lockdowns of people in many major countries, disrupting trade and shutting large segments of the food market to consumers.
International catastrophe in milk prices
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Global Dairy Trade Event 256 concluded with the GDT Price Index down 3.9%.
Third consecutive drop in dairy prices
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Global Dairy Trade Event 255 concluded with the GDT Price Index down 1.2%. Key Results:
Globaldairytrade: Whole and Skim Milk at the Same Price
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Global Dairy Trade Event 254 concluded with the GDT Price Index down 2.9%
Coronavirus causes ‘unease’ in the global dairy market
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As the coronavirus continues to spread rapidly in China, it is bringing an element of “unease” around the global dairy market – during recent weeks.
Global dairy commodity update first quarter 2020
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The fundamentals underpinning the global market outlook remain positive but may weaken with improving expansion in milk supply and a slowing in trade in milk powders.