GDT auction from Aug 19, 2014 - downward trend stopped!
The auction revenues fallen since the beginning of the year in different rates of the New Zealand dairy trade seem global now been stopped. The latest result is just - 0,6% before auction. Overall, the decline was rd. - 45% since the beginning of the year. The now achieved price level is slightly above the values from the year 2012.
The pillars for the favourable performance were the higher surcharges for whole milk powder + 3.4% and the two butter fats + 3.6% (pure fat) and + 4.9% (normal butter).
The range of dates ranging from Sep. 14 Feb-15. In this period all months fared at VMP similarly well. The month of February reached even a supplement of + 5.4%.
Normal Butter % reached Nov. 14 and Dec. 14 in the Oct. 14 months until Jan. 15 rises by + 7.6 up to 9.9 with weak month courses.
Butterfat reached over the delivery months across some balanced listing results, the between + 2.8% and + 4.4% varied.
That speaks to a stabilization.
Strong price reductions for skimmed-milk powder -12% of cheddar cheese stood by - 7.9%.
The MMP rates remained on all delivery months into negative double-digit 10.7 to 13.6%. Cheddar cheese was served only by Oct. 14 to Dec. -. This recording of the Oct. 14 date - 13.6% from particularly poor. For the month of Dec. 14, the discount to - 3.2% decreased.
The sales focus is traditionally whole milk powder with more than half of the offer, while skimmed-milk powder has about a quarter share. The two butter fats come together on something over 10%, cheese is less than 5%.
Skimmed-milk powder offered FA AMUL, the French FA EURO SERUM and the German Danish Swedish FA. ARLA and the New Zealand FA. FONTERRA from the Indian. The two U.S. companies DAIRY AMERICA and O'LAKES provided no offers. The German dairy AMMERLAND from Sept. 14 with buttermilk powder is the next auction will take place on Tue, 2nd Sept. 14.
