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NZX to extend dairy derivatives trading hours
19 December 2017
NZX will extend the trading hours of its dairy derivatives market in July 2018, subject to regulatory approval.
GDT expected to deliver mixed results
18 December 2017
Results at this week's Global Dairy Trade auction are expected to be mixed. A lift in whole milk powder (WMP) prices is expected while skim milk powder (SMP) prices are expected to fall.
Synlait B2C ambitions look like medium-term move
18 December 2017
Synlait Milk’s ambitions to move into consumer dairy products is likely to be a medium-term goal because its immediate commitment is to adding a fourth drier, ramping up R&D and introducing new packaging solutions such as sachets, says First NZ Capital.
Dairy derivatives prices creep up
18 December 2017
Whole milk powder prices generally lifted on the NZX Dairy Derivatives market last week. A steady week of trading saw 3293 futures contracts traded and 780 options contracts.
Fonterra lifts AMF volumes
14 December 2017
Fonterra has increased its offer volumes on the Global Dairy Trade (GDT) platform over the next 12 months, reflecting an increase in its offer volumes of skim milk powder (SMP) and anhydrous milkfat (AMF).
Airline boss lands a2 job
14 December 2017
Former Jetstar chief executive Jayne Hrdlicka will succeed Geoffrey Babidge as A2 Milk company managing director and chief executive.
Three farms make M bovis claims
13 December 2017
Three farms have made claims for compensation for verifiable losses related to mycoplasma bovis, MPI Director Readiness and Response Geoff Gwyn says.
M bovis on four more farms
12 December 2017
The Ministry for Primary Industries has identified four new properties as positive for the bacterial cattle disease Mycoplasma bovis and strongly suspects one further property.
Brexit could stop trade
11 December 2017
Trade in dairy products could stop completely if Britain and the European Union do not manage to agree a post-Brexit deal.
SMP options trade 120 lots in first week
11 December 2017
There were 120 lots traded in skim milk powder (SMP) options last week. This was the first week of trading for the SMP options on the NZX Dairy Derivatives market.