Global dairy prices are at 8-year high as supply tightens
Dairy prices jumped 4.6 per cent at the global auction overnight to hit an eight-year-high, as tight milk supply stokes demand for New Zealand’s biggest export commodity. The Global Dairy Trade price index rose to 1397, its highest level since March 2014. The average price for whole milk powder, which has the most impact on […]
Global dairy prices are at 8-year high as supply tightens
Dairy prices jumped 4.6 per cent at the global auction overnight to hit an eight-year-high, as tight milk supply stokes demand for New Zealand’s biggest export commodity. The Global Dairy Trade price index rose to 1397, its highest level since March 2014. The average price for whole milk powder, which has the most impact on […]
Global Dairy Review 2020: Excerpts from FAO Dairy Market Review
Highlights International dairy prices are rebounding slowly but remain below their May lows Despite market disruptions, world milk output is rising, mostly in Asia, but also in Europe and North America International trade in butter, cheese, and whole milk powder could expand, but skim milk powder may contract. The Food and Agriculture Organization of the […]
WORLD DAIRY NEWS Global dairy prices moved up by 4% with SMP touching USD 3274/MT
Dairy prices jumped 4 per cent at the global auction overnight, the biggest increase in six months, with gains across all products. The global dairy trade price index posted its biggest increase since early March, when it jumped 15%. The average price for whole milk powder, which has the most impact on what farmers are […]
Global dairy prices moved up by 4% with SMP touching USD 3274/MT
Dairy prices jumped 4 per cent at the global auction overnight, the biggest increase in six months, with gains across all products. The global dairy trade price index posted its biggest increase since early March, when it jumped 15%. The average price for whole milk powder, which has the most impact on what farmers are […]
Dairy prices fell for a 7th consecutive global auction
The global dairy trade price index dropped 2.9 per cent from the previous auction a fortnight ago. The index is sitting 19 percent higher than at the same time last year after sharp gain earlier this year. The average price for whole-milk-powder, which has the most impact on what farmers are paid, fell 3.8-percent-to-an-average-US$3730 a […]
Decline in global dairy price index at GDT continues for last 90 days now
Global dairy price index declined in sixth consecutive fortnightly session after April 6th . The price of AMF , Butter and SMP have declined from USD 6209 USD 5776 and USD 3367 per MT; to USD 5632, USD 4458 and USD 3126 per MT respectively in last 90 days. Cheddar Cheese and Lactose have declined […]
Milk prices defy seasonal trend as supply pressures build
On Tuesday, skim milk powder (SMP) prices at Global Dairy Trade (GDT), the fortnightly auction platform of New Zealand’s Fonterra Cooperative, averaged $3,243 per tonne, the highest since the $3,264 of August 5, 2014. Vegetable prices have cooled with the usual winter-time increase in supplies of carrots, cauliflower, cabbage, radish, capsicum and peas. Even onions […]
Global Dairy Review 2020: Excerpts from FAO Dairy Market Review
Highlights International dairy prices are rebounding slowly but remain below their May lows Despite market disruptions, world milk output is rising, mostly in Asia, but also in Europe and North America International trade in butter, cheese, and whole milk powder could expand, but skim milk powder may contract. The Food and Agriculture Organization of the […]
Global Dairy Review 2020: Excerpts from FAO Dairy Market Review
Highlights International dairy prices are rebounding slowly but remain below their May lows Despite market disruptions, world milk output is rising, mostly in Asia, but also in Europe and North America International trade in butter, cheese, and whole milk powder could expand, but skim milk powder may contract. The Food and Agriculture Organization of the […]