GDT auction - auction results again in the silly season

GDT auction by June 16, 2015 - with - 1.3% in the minus range

The most recent global dairy trade auction has's mid-June not yet done in the minus range of results to emerge.  Only a weak negative!

The quantity has been reduced to rd. 24.047 t compared to the previous auction on June 2 with 27.711 t.

In New Zealand , milk production has come almost to a standstill at this time. The offered up amounts come from storage warehouses. So correctly again it starts again in August when the Calvings at full speed run. The highlight of the milk delivery is expected in October. However the previous year's level will again be achieved according to current knowledge. Milk prices in New Zealand were recently converted to 24,5 ct / kg.

Mainstay for the auction whole milk powder (WMP) a result reached an average of all delivery months of - 0.1%. While the front months July cut off % surcharges from 0.9 to 2.8 to including Sept with positive, gave the back months to including  Dec-to - 3.7% after. It remained the VMP courses at the lowest level of the last five years.

Magermilchpulver (MMP) achieved an average score of - 0.2%. The range of each month results ranged from + 1.1% in the Nov. 15 to 1.4% in the September 2015.

When the butter fat, there were ups and downs. Butterreinfett cut off for the second time in a row with substantial price cuts. This time was the tee - 8.2%, in the first auction, there were anf June - 7.2%.

By contrast, normal butter (84% fat) fully make up for the bad results of the previous auction. Average received the surcharge at + 3.3% . All delivery months were in the plus range. The month of Dec. 15 reached the highest value with a price increase by + 9.3%.

The overall average, the bottoming out of the last 5 years is reached.

In the coming months in the northern hemisphere seasonally the milk deliveries have passed their peak and enter in a falling trend. The offsetting rise in the southern hemisphere is regularly less than. So who should prospects for price improvement be not entirely unfounded.

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