03.
12.14
07:28

GDT auction from 02 Dec. 2014 - still minus, but with positive signals

GDT auction from 02 Dec 2014

The latest GDT auction completed although negative with an average of - 1.1% , but behind a wide range of individual results for the individual product lines by - 7.1 up + 9.3%.

With a 60% share continued the contract for Vollmilchpulver 7.1% in the overall result of this auction by. The negative end result achieved Jan substantially through the delivery months until March 2015 changes between 7.3 to-7.9. The later dates in April and may % ended in the tight minus to 1.5. Hope is June with a + 3.2%.

Skimmed-milk powder with a 25% share ended clear the recent downturn with + 5.7%. The upward prevailed generally in all delivery dates from Feb until may 2015. For Feb 2015 have been + 6% more applied and the payments for corn reached + 9.3%.

The two components of fat butter and normal butter achieved high values in the single-digit range. Butterfat in the average cut with + 9%. The spectrum ranged from + 7.7% in Apr.-15 to + 103 in the June 15.

Normal butter achieved an average score of + 7.3%. While only the Mar-15 + 3 fell % out of the frame, the surcharges while the remaining dates + 6.5 and + 9.7% increase.

Cheddar cheese is with + 5.2% again on the ascending branch. Critical March and April were + 6.7 and 9.9%, the the weak delivery month Feb-14-0.3% more from offset.

Even if the average result was negative, the partial results in the individual product segments, as well as the rear delivery are legitimate occasion to which is finding that a substantial soil formation takes place and are clear evidence of a revival of rising rates in the remainder of the year 2015 to detect.

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