Fonterra: Whole milk powder is close to $3000 ?
New Global Dairy Trade event concluded with a 1.9% increase in the price index
USDA: New Zealand Dairy and Products Semi-annual
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
Global Dairy Trade Event 258 concluded with the GDT Price Index down 4.2%
GDT index sees slight increase in latest auction
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
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
Global Dairy Trade Event 256 concluded with the GDT Price Index down 3.9%.
Third consecutive drop in dairy prices
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
Global Dairy Trade Event 254 concluded with the GDT Price Index down 2.9%
Coronavirus causes ‘unease’ in the global dairy market
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
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.