GDT auction beginning April with a positive result

GDT auction in April, up 2.1% over mid March

The first April auction 2016 the global dairy trade closed with a positive average score by 2.1% across all products and delivery months.  The auction lot was even 10% higher.  

Portion is decisive for the result with more than 50% whole milk powder (VMP). On average an increase of 1.5% compared was mid-March before auction-2016 reached. The individual delivery months presented quite cheap % in the front dates from may with + 5.4 until Aug with + 2.9%, while the last two months easily fell off into negative territory.

The second most important product of skimmed-milk powder (SMP) could claim an average of all delivery times with + 0.1%. In each month vary the results close to below zero. Only the dates of August stood out with + 4.3% out of the frame. Worldwide, MMP is located on lower prices. In the EU store considerable amounts of government intervention.

Butterfat produced an average score of + 6.7% while and smooth it again showed profit before auction. But the monthly values spread in significant fluctuation. May brought a strong 10.9%, and October closed with a rich + 17.7%. A continuity is not visible in the results as well as in previous auctions.

Normal Butter reached a price reduction of 2% on average. With the exception of the month August consistently negative numbers were to the previous month in the range between - 2-3% achieved.  Butter prices have must lose some their outstanding level, after the butter prices are falling in the United States.  

In the multi-annual comparison that suggests average result on a certain stabilisation on low level out.  The seasonal increase in delivery will be during the summer months in the northern hemisphere test once again the prices in the upcoming auctions.  However, the decline in the southern hemisphere is to align limited something. The low prices may prevent an excessive expansion of the seasonal offer.

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