ARCHIVES
Fonterra offers Contract 6 product
15 March 2018
Fonterra has decided to offer whole milk powder (WMP) volumes to ship in October and November (Contract 6) for the up and coming Global Dairy Trade (GDT) events in April and May.
Mataura offering attractive payout
9 March 2018
Mataura Valley Milk is confident it will offer a better payout structure than any rival in the South Island as it continues to fill the 30-45 foundation milk supply shareholdings ahead of begining its production in August.
NZ milk season collections up
9 March 2018
New Zealand milk production in January was down 5% compared to the same month last year but production for the season is still up slightly, by 1%.
Milk, beef outlook good, bank says
8 March 2018
The drop in milk supply in New Zealand over the summer has removed any downside risk to full-year farmgate milk prices this season, Rabobank says.
AgriHQ milk price forecast softens
8 March 2018
The AgriHQ milk price forecast for the 2017-18 season has eased five cents following a second weak result at the March 6 Global Dairy Trade (GDT) event. The AgriHQ forecast is now $6.26/kg of milksolids, 14 cents behind Fonterra’s current $6.40/kg MS forecast.
Feeble result for dairy commodity prices overnight
7 March 2018
Dairy commodity prices recorded another weak result at the Global Dairy Trade (GDT) auction overnight as the GDT price index eased 0.6%.
Derivatives expects WMP prices to fall
5 March 2018
Whole milk powder (WMP) prices are expected to drop at the March Global Dairy Trade (GDT) events. Butter and anhydrous milkfat (AMF) prices are also expected to come back. The next GDT event is on March 6.
WMP not part of import ban
5 March 2018
Algeria has implemented new measures as part of its 2018 Finance Act that will suspend some dairy product imports.
Futures prices ease
5 March 2018
Prices for dairy commodity futures trading on the NZX Dairy Derivatives market have fallen further over the past week.
Fonterra lifts milk powder volumes on GDT
1 March 2018
Fonterra has lifted its Global Dairy Trade (GDT) offer volumes over the next 12 months by 3000t.
