GDT auction from April 18, 2017 - plus 3.1% With an average score of + 3.1%, the latest GDT auction confirmed an upward trend at least fixed in the milk sector. Multiple growth rates above the zero line are remarkable in this season after all. However, should not remain aside that the results have a large spread between - 7.5% to 9.1%. And: the coming months show regular seasonal price weakness as a result of the increase in delivery in the early summer months. T sales totaling 22.927 remains at the relatively low level of past auctions. Mainstay of the auction remains whole milk powder with a share of 50%. The delivery months on average, the product once again reached a surcharge of + 3.5%. The bandwidth ranged from % + 2.1 in the Jun-17 + 8.1% in September 2017. Consisted in the recent case of catching up to do. So are the VMP courses again just above the 5 year average line. The skimmed-milk powder prices have with an average remarkable set of + 7.1% . Overcharge was continuously on all delivery months of + 5.9 to 7.9% reached. However, the output level was also particularly low failed. It still cannot be ruled out that in the summer the EU intervention again can enter into force. The result in the Butterreinfetis surprisingly low t with a Price discount by - 0.5% . The delivery months fell out extremely differently: May-17 reached a reduction of - 7.5%, while for the Sep.-17 date + 9.1% were granted more. Normal butter while came up with an average score of + 2.9%, but showed similar fluctuation such as pure fat. The discount for may 2017 at - 6.4% is possibly in connection with a correction before before auction with a 24% price premium. The delivery month Oct-2017 was never be offered. Perhaps a signal how insecure the more market and price developments in the rest of the year is assessed. In the middle of all products contend the courses slightly above the level of the 10-year average. The fluctuating and limited sales results in the delivery dates but indicate that the future price is limited.
