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Dairy
Dairy Trends: flat GDT and low demand
Aidan Brennan
There was no major change in the GDT auction results, but European butter prices continue to edge up, writes Aidan Brennan.
3 April 2024 Markets
Dairy Trends: GDT increases by 2.8% but volumes sold are back
The Global Dairy Trade and the EU spot market recorded some positivity in the dairy market this week, writes Aidan Brennan.
27 March 2024 Markets
Dairy Trends: prices fall sharply as volatility bites
Powders took a big hit this week on the European spot market, despite sluggish supply forecasts from Europe and the US.
Dairy Trends: global markets weaken as GDT falls by 2.8%
There was a weakening in dairy markets this week as buyers pulled out of the GDT auction and the index fell by 2.8%
20 March 2024 Markets
Dairy Trends: GDT registers its first fall in seven auctions
The index was down 2.3% this week, with falls in both whole milk powder and skim milk powder prices.
6 March 2024 Markets
Dairy Trends: butter jumps by €365/t as demand rises
There was a huge increase in the price of butter on the European spot market this week, writes Aidan Brennan.
28 February 2024 Markets
Dairy Trends: GDT is flat but EU price rises
The GDT index increased by only 0.5%, but there was further gains for powders and butter on the European spot market.
21 February 2024 Markets
Dairy Trends: European prices respond to GDT increases
There was a more upbeat trading environment for European dairy products this week, writes Aidan Brennan.
14 February 2024 Markets
Dairy Trends: GDT records a 4.2% rise, cementing confidence
The most recent Global Dairy Trade auction recorded a 4.2% price rise, cementing confidence in the recovery.
7 February 2024 Markets
GDT up, with butter and whole milk powder biggest winners
The index is the highest it has been since the trading event held on 21 February 2023.
2 January 2024 News
MPI rises to 11-month high point
The NI milk price indicator has continued on an upward trajectory reflecting improved dairy commodity markets
13 December 2023 Northern Ireland
Dairy Trends: GDT increases by 1.6% as markets remain steady
It was another positive week for dairy markets, with the GDT increasing by 1.6% while the spot market remains stable, writes Aidan Brennan.
6 December 2023 Markets