NZD traders - heads up for the GDT dairy auction coming up Tuesday
GlobalDairyTrade (GDT) auction begins at midday in London, the results will come out in the hours following.
Recent results have edged higher, good news for NZ exporters:
Via ASB - what to expect at today's auction:
- We expect whole milk powder (WMP) prices to lift 3.0%
- NZ production growth is slowing and it's likely this will help push dairy prices higher