Dairy prices drop, volumes rise at auction SMP prices crashed by 4.2%
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 rise 5.1 percent to record high after April 2013
The previous price record for global dairy products was set in April 2013. The average price at the fortnightly global dairy auction rose 5.1 percent to US$5065 a tonne, after rising 4.2 percent in the previous auction. The Global Dairy Trade price index hit 1593, breaking the previous record of 1573 in April 2013. The […]
Global dairy prices move further up by 4.1% since mid January at GDT
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
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 are at 8-year high as supply tightens
Dairy prices jumped 4.6 per cent at the global auction overnight to hit an eight-year-high, as tight milk supply stokes demand for New Zealand’s biggest export commodity. The Global Dairy Trade price index rose to 1397, its highest level since March 2014. The average price for whole milk powder, which has the most impact on […]
Global dairy prices are at 8-year high as supply tightens
Dairy prices jumped 4.6 per cent at the global auction overnight to hit an eight-year-high, as tight milk supply stokes demand for New Zealand’s biggest export commodity. The Global Dairy Trade price index rose to 1397, its highest level since March 2014. The average price for whole milk powder, which has the most impact on […]
Milk Powder At 7-Year High After Surprise Shortfall In Global Production
Milk powder is used to make milk, and it’s also a common ingredient in a variety of foods including baked goods, soups and processed items. Futures for nonfat dry milk reached 135 cents per 100 pounds, the highest since August 2014. A surprise shortfall in global milk production has international purchasers scouring for powder, the […]
Milk Powder At 7-Year High After Surprise Shortfall In Global Production
Milk powder is used to make milk, and it’s also a common ingredient in a variety of foods including baked goods, soups and processed items. Futures for nonfat dry milk reached 135 cents per 100 pounds, the highest since August 2014. A surprise shortfall in global milk production has international purchasers scouring for powder, the […]
Ananda,Amul & DMS sell best quality Paneer : 9th May Dairynews7x7
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 […]
Dairies hike milk prices in Maharashtra due to milk shortage
Increased demand and a shortage in milk has seen dairies increasing their farmers’ milk procurement prices. Milk farmers in most parts of the state are now commanding prices between Rs 25-26 per litre for their milk with 8.5 per cent solid-not-fat (SNF) and 3.5 per cent fat, which dairies say is expected to continue for […]
