NZD traders - heads up for the GDT dairy auction coming up Tuesday

Author: Eamonn Sheridan | Category: News

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:

GlobalDairyTrade (GDT) auction begins at midday in London, the results will come out in the hours following.
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

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