Dairy Trends: GDT bounce puts optimism back on menu
Jack Kennedy
Global dairy markets got a shot in the arm this week, as the Global Dairy Trade auction result rebounded after weeks and months of a steady decline.
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The July milk league published this week averages 54c/l excluding VAT at base solids.
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Dairy Trends: milk supply, China and GDT dominate buying decisions
Drought in the EU, China not performing and GDT falls again are all interlinked as global geopolitical uncertainty continues.
Dairy Trends: GDT result falls for fourth time in a row
The New Zealand auction is respected globally as a good indicator of where whole milk powder prices are going.
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Dairy Trends: GDT down as Ornua PPI rises again
The global gauge of milk powder prices took a dip this week, as powder and butter prices in the New Zealand auction fell.
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