Dairy product prices fell 1.4% at the latest Global Dairy Trade auction which took place earlier today, May 3.
The sixth Global Dairy Trade auction of the year has posted a drop in dairy product prices of 2.9%.
Dairy product prices increased by 1.9% at today’s Global Dairy Trade auction the last auction of 2015.
Dairy product prices at the latest Global Dairy Trade auction have fallen on the last event.
After four bumper auctions in a row, prices fell at the latest Global Dairy Trade auction.
From Monday, 29 companies in New Zealand are allowed to supply dairy product ingredients to Russia. That is according to a statement of the Federal Service for Veterinary and Phytosanitary Surveillance /Rosselkhoznadzor/.
Prices at this week’s Fonterra Global Dairy Trade (GDT) auction could come under further pressure, according to AHDB Dairy’s senior market analyst Patty Clayton.
Fonterra’s Global Dairy Trade for dairy products saw prices rise by 10.1% in the latest auction, which took place today (Tuesday).
New Zealand-based Fonterra Co-operative Group Limited has commissioned its new dairy ingredients plant in Heerenveen, in the north of the Netherlands.
New Zealand dairy giant Fonterra will buy a 20% stake in Chinese dairy giant Beingmate to increase its access to China’s infant milk market, Beingmate has announced.