GDT auction of 07 Feb. 2017 +1,3 % - Milk fat is globally scarce and expensivethe third dairy trade auction 07 Feb this year shows global with an average score of + 1.3% further up. A special boost assumes the two butter fat, although the rates have already reached peak values. The auction has must be directly after the Chinese new year may be in terms of milk powder springs. In the supply of skimmed-milk powder, also the Indian AMUL and Arla Foods were involved in addition to the New Zealand FONTERRA. The proposed to lot has been comparatively small with 21.273 t. Whole milk powder carries the bulk of the auction with 50%. The average result for all delivery months from March until August 2017 is + 1% to the prior auction 14 days ago. To the individual delivery surcharges ranged between + 2.2% in Jun 17 to 0.2% in Aug. 2017 On the whole, the overall result as stabilizing can be classified. How long the common weakness of demand from China after the holidays stop, still remains open. Skimmed-milk powder his position was with +0,1 just say %. In the vast majority of the delivery months a minus was the result. The span ranged from 0.2 to 3.2% in the Aug. 17. The month of Jul 17 resembled a + 5.1% result a lot back from. Worldwide MMP offered plenty. Store in the EU always still about 350,000 t in the Government intervention. To once again put the butter prices despite already reached peak levels to + 4% to. In the case of butterfat twice surcharges of + 10.9 in the Mar-17 and Jul. 17 months made. From the series of the month Aug-17 - 3.6% fell. In the case of normal butter + 4.9% average result turned out even more clearly. The consistently positive monthly results remained at a comparatively small range between + 3.6% in the March-17 to + 6.2% in the Jul-17 Longtime compared the average values prevail across all products and delivery months continue to over 10-years average. In the case of whole milk powder yearly average will remain the 5 almost exceeded value the skimmed milk powder still under the multi-year average results. Both butterfat moving in the high in recent years. Milk fat is globally scarce and further searches. That drives the courses.
