GDT auction in the tight plus

GDT Auction of May 07, 2019 Remains in Short Range The results of the biweekly Global Dairy Trade (GDT) auctions are still in the marginal plus range at the beginning of May 2019 at +0.4%. The milk market in the northern hemisphere is in the middle of seasonal supply highs, while in the southern hemisphere the delivery low is reached. The comparatively small auction volumes of...