GDT auction results continue in the positive range: + 1.7% The most recent Internet auction of the global dairy trade (GDT) on Sep. 20, 2016 brought a positive for the 4th time in a row Result of + 1.7%. Compared to the auctions 2 months ago, an increase of almost 30% in the average of the milk products sold is increasing. The auction volume was slightly smaller than in the previous dates with about 35,000 t to about 2,500 t. Vollmilchpulver with 50% share of the auction could be increased price level with 0.2% not quite hold. This was the previous rate increases all the more striking. The subtotals in the individual delivery months fluctuated between + 4.5% in the Oct. 16 to - 4.9% in the month of March 2017. whole milk powder not yet the 5-year-old means of 3,500 reached $ per t. Given of the high worldwide inventories increasing by + 3% for skimmed-milk powder is remarkable. Until the initial month Oct. 16 were all delivery months with price increases between + 2.5 cut % in the Nov. 16 to 6.9% in the delivery month of March 17 . Thus, a considerable catching up to do compared to the other products is achieved. MMP still a factor in the development of milk prices. In the EU approximately 325,000 MMP in the Government intervention store. In addition to the New Zealand FONTERRA and the European Arla Foods was after a long absence on the provider side. Tens in spite of growth rates on the occasion of past auctions at the butterfat again with an average of + 4.6% above average set to. The bandwidth ranged % of + 3.2% in the Jan. 17-on + 7.3 during the delivery month Oct. 16. Butter pure fat prices are with almost $5,000 per t already in the top quarter of the 5-year average. Normal butter was a boost to the prior auction good + 3.6% on average of all delivery months. The span ranged from-2% in the Oct. 16 to + 6.8% in the last month of delivery March.-17. Thus, the normal butter prices exceed the 5-year average. The auction took place against the backdrop of the upcoming seasonal peak of milk delivery in New Zealand, whose Zahlen however lag behind those of the previous year. The world's largest milk producers EU is also behind the previous year's deliveries. Thus the global dairy market slightly is credited with rising demand.
