GDT auction with a strong increase of 11.4% - achieved 10-year average The recent auction of global dairy trade (GDT) on 01 Nov 2016 brought in average of all dairy products a rate increase of 11.4%. So that will be restored after almost 2 years 10 years average. The converted volume was 27.735 t significantly below the amounts of past events. Whole milk powder (WMP), is substantially responsible for the significant improvement in the average result market share and one is almost 20% increase over the prior auction the heavyweight in the auction because of his 50%. Highest charges were for deliveries in the Dec. 16 with nearly + 32% paid. The remaining months at the beginning of the year 2017 reached hefty surcharges between + 16.8% in the weak Jan. 17 to + 22.2% during the delivery month Feb-17. The level previously reached is significantly higher than the 5 years average. The increase in the results especially promising spring months, promise but a significantly higher level in the new year 2017. Skimmed-milk powder Although left with an average of + 6.5%. But even in this case, the price increase for the month of Dec. 16 with + 14.5% stands out clearly. The remaining months of the period reached bids between + 5.9 and + 6.7%. Only the month of may remained back, has to but before auction stronger. The availability of the two milk powder seems to be worldwide significantly limited, even if in the EU are still considerable intervention stocks. Butterfat reached with + 5.2% a good result, if you look at the gains of the previous auctions. After all, the courses already move in the upper quarter of the 5-year price scale the average rate is about $5,200 / t. Normal butter achieved a significant improvement of the total with an average increase of + 4%. Also in this case, the spring months cut off 2017 exceptionally well. Also normal butter prices exceed the multi-annual average price and moves in the upper quarter of the price scale of the last 5 years the auction result once again a strong thrust towards a solid price boom brought by an worldwide decline which heprocreation and by one again stimulating demand registered is. After all, is to be considered, that in New Zealand the culmination of milk delivery in Oct. obtained one year.
