GDT auction with slight increase of 1.4%

GDT auction 1. Mar.-2016: milk powder in the plus, but butter in the minus

The global dairy trade auction by March 1, 2016 has truncated in the average of all products and dates with a slight increase of 1.4%. With almost 22,000 t auction competed so far with the lowest offer for several years. The largest volumes times amounted to about 45,000 t.

Whole milk powder had success proposed by with a volume of more than 55% and a surcharge of + 5.5% in the average of the delivery months. The Spannbreit ranged but from 4.7% in the month of April to + 10% in the month of Aug. 2016. The individual delivery dates were different, so no steady development is future destination.

Skimmed-milk powder brought it to an average increase of + 1.3% of all delivery deadlines of Apr. to Sept 2016. While section of Apr. 16 by 3.9%, the later months were almost exclusively positive results compared to the previous auction. Skimmed-milk powder is abundant worldwide in the offer.

Normal butter only 0.5 could reach the average of the delivery period of Apr.-Sep. 16%. Almost all months % and Sep. 15-3% moved just below the zero mark on the Apr. 16 with 5.7.

However, butterfat has have vigorously % feathers with 8.3. DIS eased all other dates on the first and last month with tees - 4.5% % to-7.9 to 9.3.  Here was obviously after deterioration in demand compared with the previous auction and the approximation to the normal butter prices.

The overall result is only slightly above the level from the weak year in 2009. The figures are still far away from the 10-year average.

Only the butter prices are closer to the 5-year average.

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