05.
07.16
17:33

GDT auction beg. July: 40% increase in sales at a lower price

GDT auction beginning July- small price recoil when large increase in sales The result of the recent auction action the global dairy trade on 05 July 2016 resulted in a slight reduction of 0.4% compared to the previous auction 14 days ago.   Significantly greater than was the converted quantity but with an increase of approximately 40% . When the individual milk products and delivery months however there some strong differences. Was in particular the month August askedfor almost all products close to or over a double-digit cut off. The scarcity creates a declining delivery in the northern hemisphere this month, while the transition from the running from old to the new season takes place in New Zealand and Australia. With continuous despite a 15.4% increase for the month of August reached full-cream milk powder negative numbers - 2.3% - 4.9% in the remaining months on average only a decrease of 1.6%. Keep several years whole milk powder in the bottom quarter of the range prices. Whole milk powder has a market share of about 50% at the auction. The market share for Magermilchpulver is approximately a quarter of the envelope volume. In this case, there was continuous positive results each delivery month, in average at landed + 3.7%. The bandwidth ranged from + 0.4% in the month of Nov./Dez.-16 + 8.5% in Aug.-16 Butterfat provided a price increase of + 1.1% on average.  While the front two months achieved increases of + 3.2 and + 10.2, the rear dates remained consistently in the negative range of 0.2 to - 4,3%. Was the good average score in the preliminary auction at Normal butter at a discount of - 3.1% significantly corrected. The delivery date August achieved a positive value of + 6.2%, but were waiting for the other months with tees by-8.6% in the Oct. 16 up to - 1.1% in the Sep. 16. That remain in the multi-year comparison sales revenue of Milk range further below the average itself but from the valley floor recognizable dropped off. While two milk fats move significantly closer to the mean as the two milk powder products. A compelling price recovery has yet not prevailed. However, be that significantly increased sales volume does not underestimate.

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