GDT auction on July 19, 2016: unchanged average. The Internet auction of the global dairy trade (GDT) on the di, 19.07.2016 with an unchanged result before auction in the average of all products and delivery months ended. After all, but about a third handled again about 31,000 t , although slightly less than in the prior auction before fourteen days, higher than in the months before. For individual products and delivery months there have been some adjustments to adapt to the international level. In the case of whole milk powder almost completely again corrected the above-average price increases from last time for August. The average of all delivery months easy was, nevertheless, achieved increase of 1.9%. With the exception of August, which were consistently remaining delivery in positive territory in a range of + 0.4 to + 3.5%. Skimmed-milk powder is almost in all delivery months in small negative. The average came to 1.1% in a range of 0.3 to - 2.1%. Worldwide, still high inventories are available, so this product is very difficult can grow upwards. In an international comparison, the courses are very close together. Also in the case of butterfat was a close-out for the first auction for the month of August made - 8.8%. The product just in the plus area remains the delivery months on average. The fluctuations are moving % in each month between-1.0 to + 3.8 in the month of Dec. 16. Normal Butter section with - 5% the worst off. Except during the delivery month Jan. 17 supplements achieved no positive increase in price. Maybe it's a glimmer of hope that the last months at the two milk fat cut something cheaper. As a whole it should be noted that a sweeping price recovery not yet to fasten is. Possibly the transition phase of the highlights of the milk delivery is still not suitable more abundant supply, in the May/June 16 on the northern hemisphere and the impending peak delivery in the Oct. 16 in the southern hemisphere against the backdrop of to make up ground. The next auctions may provide for more directional orientation.
