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Dairy prices drop, volumes rise at auction SMP prices crashed by 4.2%

Dairy prices drop, volumes rise at auction SMP prices crashed by 4.2% - Dairy News 7X7

International milk prices fell while volumes rose in this month’s second Global Dairy Trade auction held by GDT Events. The GDT Price Index fell 3.6%, with an average selling price of $4,855 per tonne, in the auction held on Tuesday. The index fell 1% at the previous sale, according to GDT Events. A total of 22,179 tonnes was sold […]

Global dairy prices move further up by 4.1% since mid January at GDT

Global dairy prices move further up by 4.1% since mid January at GDT - Dairy News 7X7

Dairy prices continued their march higher at the latest Global Dairy Trade auction, the GDT price index jumping 4.1 per cent from the last auction in mid-January. The price of whole milk powder – which has the biggest influence over Fonterra’s farmgate milk price – gained 5.8 per cent to US$4324 a tonne, revisiting levels […]

Global dairy prices move further up by 4.1% since mid January at GDT

Global dairy prices move further up by 4.1% since mid January at GDT - Dairy News 7X7

Dairy prices continued their march higher at the latest Global Dairy Trade auction, the GDT price index jumping 4.1 per cent from the last auction in mid-January. The price of whole milk powder – which has the biggest influence over Fonterra’s farmgate milk price – gained 5.8 per cent to US$4324 a tonne, revisiting levels […]

WORLD DAIRY NEWS Global dairy prices moved up by 4% with SMP touching USD 3274/MT

WORLD DAIRY NEWS Global dairy prices moved up by 4% with SMP touching USD 3274/MT - Dairy News 7X7

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

Global dairy prices moved up by 4% with SMP touching USD 3274/MT - Dairy News 7X7

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

Dairy prices fell for a 7th consecutive global auction - Dairy News 7X7

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

Decline in global dairy price index at GDT continues for last 90 days now - Dairy News 7X7

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 […]

Ananda,Amul & DMS sell best quality Paneer : 9th May Dairynews7x7

Ananda,Amul & DMS sell best quality Paneer : 9th May Dairynews7x7 - Dairy News 7X7

This channel covers dairy-related news from India and abroad. It will cover top seven dairy news from last seven days. The news will air on every Sunday. The channel will have expert interviews, market and technical analysis and a lot more sections very soon https://youtu.be/ihS8jK_DmqU Seven news in this edition are as follows : Ananda, Amul and […]

Milk prices defy seasonal trend as supply pressures build

Milk prices defy seasonal trend as supply pressures build - Dairy News 7X7

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 […]

SMP, Butter and ghee price in India gets bullish: Would it sustain ?

SMP, Butter and ghee price in India gets bullish: Would it sustain ? - Dairy News 7X7

The commodities prices in India have begun to surge . The prices of SMP, butter and ghee are moving up. The price of milk in most parts of the country is also going up. In North the milk availability has become difficult and prices have gone upto Rs 45 per liter for buffalo milk . […]