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Global dairy market set alight by 15% GDT auction price rise

Irish Examiner - 3/2/2021 3:35:00 PM
An unprecedented 15% rise in the Global Dairy Trade Price Index at today’s auction has indicated global dairy markets can deliver much improved milk prices for dairy farmers. The eighth-in-a-row positive Global Dairy Trade auction result on Tuesday took prices to their highest level of more than seven years.

Dairy prices surge 15 percent in latest Global Dairy Trade auction

Newshub - 3/2/2021 12:05:00 PM
Dairy prices surged 15 percent in the latest Global Dairy Trade auction overnight, hitting a seven-year high. The average price at the auction was US$4231 per metric tonne (MT). The price for whole milk powder - the most important commodity for New Zealand farmers - rose a whopping 21 percent to US$4364/MT.

Dairy prices leap 15% but don't go and buy a new Range Rover just yet, one farmer says

Stuff.co.nz - 3/2/2021 1:05:00 PM
Waikato farmer Ben Moore had to wipe the sleep out of his eyes when he woke up to read the figures of the latest Global Dairy Trade auction on Wednesday morning. Dairy prices jumped 15 per cent overnight,

Soaring prices at Global Dairy Trade heaps pressure on milk processors to lift prices here

Independent.ie on MSN.com - 3/3/2021 5:48:22 AM
Farm organisations have hailed a bumper Global Dairy Trade (GDT) auction yesterday and said the result should signal strong Irish milk prices in the coming months.

Southland dairy farmers shocked and excited as global milk prices soar

Stuff.co.nz - 3/2/2021 7:31:00 PM
Southland dairy farmers are both shocked and excited by a significant spike in milk prices at the latest Global Dairy Trade auction.

Dairy markets: Euro butter strength continues but mixed fortunes for SMP

AgriLand - 2/26/2021 9:47:00 AM
The recent strength for European butter prices continued in recent weeks while SMP price action was a bit mixed, according to StoneX.

Shock leap in Global Dairy Trade auction overnight

The New Zealand Herald - 3/2/2021 4:34:00 PM
Kiwi dairy farmers could be forgiven for thinking that the decimal point was in the wrong place, when viewing the latest Global Dairy Trade auction results this morning. Prices across the board in last night's auction leapt an incredible 15.

'My butter seems harder': spread sparks furore over Canada's dairy industry

The Guardian on MSN.com - 2/24/2021 7:13:33 PM
Canadians voice suspicions over palm oil, raising questions over transparency in a powerful industry

Dairy prices surge 15 percent in global auction

Scoop - 3/3/2021 1:09:00 AM
Dairy prices have shot up to a fresh seven-year high in the overnight global auction. . The average price at the auction rose 15 percent to $US423

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