Derivatives expects a jump next GDT

16 April 2018

Dairy commodity prices are expected to jump at this week’s Global Dairy Trade (GDT) event, according to the NZX Dairy Derivatives market.

Futures prices strengthen

16 April 2018

Prices for dairy commodity futures trading on the NZX Dairy Derivatives market largely lifted last week.

Fonterra builds WMP volumes

12 April 2018

Fonterra has increased its whole milk powder (WMP) offer volumes over the next 12 months by another 4000t, which it commented is driven by mix optimisation.

Companies to jostle for A2 milk supply

11 April 2018

Dairy giant Nestle is sourcing so-called A2 milk for its new Illuma Atwo Stage 3 infant formula globally but not from New Zealand, underscoring potential supply risks down the track as the A2 milk space becomes more crowded. 

Potential trade fallout for NZ dairy exporters

9 April 2018

The Dairy Companies Association of New Zealand is concerned about potential fallout for dairy exporters should a trade war between China and the United States continue to escalate.

NZX derivatives get GDT boss’ tick

9 April 2018

Bill Shields, who chairs the Global Dairy Trade Oversight Board, which oversees the Global Dairy Trade platform, says some of the NZX derivatives that use the auction prices as a benchmark are starting to reach critical mass.

Futures prices follow GDT movements

9 April 2018

Dairy commodity futures trading on the NZX Dairy Derivatives market last week followed the results of the April 3 Global Dairy Trade (GDT) event. Prices for anhydrous milkfat (AMF) futures and skim milk powder (SMP) futures fell, and prices for butter futures and whole milk powder (WMP) futures lifted.

WMP prices lift AgriHQ milk price

5 April 2018

The AgriHQ milk price forecast for the 2017-18 season has lifted three cents to $6.30/kg of milksolids this week, driven by a lift in prices for whole milk powder (WMP) and butter.

AMF prices plummet overnight

4 April 2018

Dairy commodity prices eased another 0.6% at the Global Dairy Trade (GDT) event overnight, driven by falls in prices for anhydrous milkfat (AMF) and skim milk powder (SMP). Prices for all other commodities lifted.

Milk powder prices to ease further

3 April 2018

The NZX Dairy Derivatives market expects milk powder prices to ease a little further at April’s Global Dairy Trade (GDT) events, while milkfats are expected to hold their ground. The next GDT event takes place overnight.