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Butter prices melt

6 December 2017

Milk powder prices lifted while milk fat prices fell at the December 5 Global Dairy Trade (GDT) event overnight.

Derivatives indicating an increase in milk powder prices

4 December 2017

Milk powder prices are expected to rise and milkfat prices are expected to fall through the two December Global Dairy Trade (GDT) events, according to the NZX Dairy Derivatives market. The next GDT event will be on December 5.

SMP options start trading

4 December 2017

Skim milk powder (SMP) options began trading on the NZX Dairy Derivatives market this morning. 

NZX launches Global SMP Options contract

3 December 2017

Today NZX Derivatives is launching a Global Skim Milk Powder (SMP) Option contract for trading, expanding its suite of dairy commodity contracts to eight contracts. 

GDT offer volumes unchanged

30 November 2017

Fonterra’s offer volumes for the December 5 Global Dairy Trade (GDT) event are unchanged from forecasts. 

Markets hungry for Kiwi lamb

30 November 2017

Export returns for lamb in October continued to firm and were again well above historical figures.

Wool clearance rates up

27 November 2017

Wool prices have made some incremental improvements in recent weeks.

Milk price futures fall

27 November 2017

Prices for dairy commodity futures trading on the NZX Dairy Derivatives market fell last week, following a poor result at the November 21 Global Dairy Trade event and a weakening market outlook. 

Chinese buy more domestic powder

23 November 2017

Chinese infant formula buyers are switching their concerns from food safety to quality and price, which is having an impact on the acceptance of domestically produced product.

AgriHQ milk price eases

23 November 2017

The AgriHQ farmgate milk price forecast for the 2017-18 season has fallen another five cents to $6.19/kg of milksolids (MS).