06.
12.16
16:43

GDT auction continues the upward trend

GDT auction results continued with the ascending tendency: + 3.5% at the previous auction 2016 conducted at the St. Nicholas day 6.Dez. global dairy trade auction has truncated with + 3.5% for the umpteenth time with a positive result. Thus keeping the upward trend begun since Aug 2016 to. Since that time , the prices for dairy products have set in an average of 45% . Face the falling cargo-handling volumes. By the climax with just under 38,000 tonnes are on the numbers current 22,500 t like. Whole milk powder containing 50% auction was charge with + 4.9% the biggest winner of this auction. In the historical comparison is the product now clearly in the upper mid-range the last 5 years. For each delivery months until Jun. 17 consistently positive results have been achieved.   The periodically weak Jan. 17 month was still on an increase of 1.4%. For the March 2017, there was a considerable surcharge of + 6.7%. Overall the demand proved this product well into the year 2017 as a very stable. Skimmed-milk powder cut in average with + 1.4% expected weaker off, but mostly stays in positive territory. The range is % - 17-2.7 in the Jan. 17 to + 3.4% in May. Given the high EU intervention stocks and a announced first outsourcing set the result is still remarkable. In particular the optimistic above average March to May 17 courses. Both butter fats have positive average results cut off. It came on an increase of 2.8% butterfat. Be observed in the 5-year average cures so that the peak values reached former years again. The observation, it is gratifying that all delivery months relatively evenly in a small range of + 1.8% in the Jan. 17 to 3.9% in the March 17 in the positive range gebliegen are. Normal Butter rose to average 1.7%. Also in this case move the current rates in the top range of the past 5 years. The results for the individual delivery months % vary between 0.4 in the May 17 to + 2.8% during the delivery month Feb-17 The recent auction results reflect the developments on the international markets. The offer amounts are in decline. However, the demand is increasing. The result is a rising price trend. The results for the delivery months in the 1st half of the year 2017 prove that that will be the numbers of a longer duration.

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