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Dairy
Dairy Trends: GDT increases by 4.8%
Aidan Brennan
The Global Dairy Trade auction result is a really positive sign for the dairy trade, as New Zealand heads towards peak milk production.
6 November 2024 News
Increase in Ornua PPI for October
The Ornua value payment payable to member co-ops in the month is €4.4m, which equated to 3.6% of gross purchases in the month.
5 November 2024 News
GDT index increases by 4.8%
All dairy prices at the fortnightly event were up, bar lactose.
Dairy Trends: butter continues its downward trajectory
Butter prices continue to slip in Europe, with prices back €650/t on the peak price of just a few weeks ago.
23 October 2024 Markets
Dairy Trends: European and GDT prices all steady
Butter prices were more or less unchanged in both Europe and at the Global Dairy Trade auction this week.
16 October 2024 Markets
Cheddar price jumps as dairy prices drop at GDT
This is the first fall in the GDT index since 3 September this year as the market has increase by 2% in that time.
15 October 2024 News
Dairy Trends: butter prices fall sharply this week
Butter prices took the biggest hit on the European spot market this week as the market reacts to a change in sentiment writes Aidan Brennan.
9 October 2024 Markets
Cheddar price rises at GDT while butter falls
This is the second successive increase and the fifth in just two months since there was a sizeable drop of 6.9% on 2 July this year. Since then, the market has rebounded by 8%.
1 October 2024 News
Dairy Trends: premium for European dairy grows
The premium prices being paid for dairy in Europe is highlighted this week, as butter is over €2,100/t cheaper at the GDT auction, writes Aidan Brennan.
18 September 2024 Markets
Dairy prices rise at Global Dairy Trade auction
Prices for whole milk powder (WMP) and skim milk powder (SMP) were up 1.5% to €3,099/t and 2.2% to €2,525/t at the Global Dairy Trade auction.
17 September 2024 News
Dairy Trends: butter prices hold while cheese and powder climbs
There was a return to stability in the butter market this week, while prices for most other commodity types increased, writes Aidan Brennan.
11 September 2024 Markets
Dairy Trends: GDT holds while European prices rise
It was another upbeat week on the European dairy market, with prices for all key products rising, writes Aidan Brennan.
4 September 2024 Markets