GDT auction on 1 June 2016: + 3.4% In the June 1 event 2016 higher prices achieved on the Internet auction the global dairy trade by an average of + 3.4%. While the volume of sales by nearly 30% compared to the previous auction rose 14 days ago. Results rising for the second consecutive deduct from the price low phase upwards. Don't like section in the main carrier of auction whole milk powder-1.7% in the average. The later delivery months from Sept until in Dec 2016 brought significantly weaker results than at the last auction in mid-May. In light of the strong worldwide oversupply skimmed-milk powder with average price increases of + 10.7%surprised about it. The range in the individual dates ranging from + 4.4% in the Nov. 16 + 19.8% in the delivery month Sep. 16 Butterfat remains positive with an average + 2.8%. The growth rates are moving in a range of + 3.2 and + 5.2%. Only the month Jul-16 brought a negative result with - 3.5%. Normal butter scored an increase of + 3.2% on average of the delivery month, in each month ranges the range of + 0.4% in the Aug. 16 up to + 10.3% in the month of Dec. 16 The two milk fats approach again a 5-jährigem average, while the two milk powder products laboriously from the lowest quarter move out. In the 10-year comparison , the current figures are further in the lower half of the long range halfway to the average. An increasing tendency to recognize is rudimentary. Possibly the autumn months with a range of global reduced to further rise.
