17.
01.17
16:21

GDT auction back in the light plus

Global dairy trade 17 Jan 2017: average result of + 0.6% The international highly acclaimed global dairy trade auction (GDT) has been in their 2nd auction in Jan. 17-with a average score of + 0.6% to the prior auction beg. Jan. 17 can claim.  Although you could not yet build on the already achieved courses, however, remains a positive trend. The recent setbacks have been marked may also by the seasonal weak demand.  Sales remain relatively small with 22.030 t. This is due to the rapid decline of New Zealand milk production, which remains significantly below last year's levels. Competitor was the Indian AMUL skimmed milk powder this time. For the individual milk products resulted in significant differences. The average results in the negative arearemain in the milk powder . May be the reluctance of Chinese buyers makes just before new year's to change the month of Jan/Feb. noticeable. However, the milk fats despite an already high price levels could clearly put. Whole milk powder % at the reduced level could contend with 0.1 less than. On Feb. 17 and March 17, all delivery dates in negative territory were % between 1.1 - 2.9%. Nonetheless, VMP still above the 5-year average. Whole milk powder is a rd. 50% auction share a big factor in the overall results. Skimmed-milk powder a lot had to give up his positive results of the first auction again. -1.6% less was achieved on average. The range % ranges from 0,5 - 2,8% in each delivery month. Butterfat delivered the best result with an Auktionsplus of + 3.7%. All delivery dates, positive charges were issued, with in particular the Mon Feb-17 + 9.8% and the month of July 17 with + 8.8% stand out. So this milk fat reaches again the previous top prizes from the Jan.-2014 with about $5,500 per t. Normal butter % scored again with average + 1.6 a good auction result. Almost all delivery cut off positive signed integer between + 1,1 + 4.9% in Jul 17. In this case, the auction results have again the top district for the last 5 years busy. On average , the auction results at the beginning of the year are 2017 just over the ten-year averages. Given milk delivery has become world's low at present at the same time more stable until demand is price travel to the top.

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