Last GDT auction 2016: - 0.5% the prior auction Conducted on Dec. 20, 2016 global dairy trade auction % has can get out of 0.5 no further increase in dairy prices just before Christmas and end of year. Essentially we can talk about a tight hold of the so far achieved price rise since the middle of the year 2016. The cargo-handling volumes are still small 22.321 t. Cause is the milk delivery significantly fell behind in New Zealand. Fonterra as a main supplier was assisted this time by by Arla Foods with MMP offerings. Whole milk powder (WMP) as the main service providers of the auction % of the auction could put with an average score of 0.8 not the decisive impulses, as was the case in the previous auction. Still is VMP continues in the upper mid-range the last 5 years. For the individual delivery months until Jun. 17 were almost entirely negative Results achieved. The negative numbers ranged from 0.1 to-2.3% in the Feb. only the delivery month March 2017 ended with a modest increase of 1.7%. Total demand proved to be very cautious. Christmas and year-end will be substantial reasons. Skimmed-milk powder prices ended up in the middle with a null result. Positive and negative charges between 0.8 to + 1% largely offset themselves. Runaway was the month of Jun17 with an unusual increase of + 5%. Butterfat was asked for little and reached the worst average value 2.3% . All other delivery months in negative territory in a range from 0.5 to - 3.6% stayed up on the month Jan.-17. Measured on the 5-year average an upper limit of pain was reached may. Normal Butte r rose to average + 0.5%. Also in this case move the current rates in the top range of the past 5 years. The results for the individual months of delivery vary from 0.8% in the Jan-17 to + 1.3%. A bang with 7.4% was the result for the last delivery date for June 17 The auction results came not unexpectedly before the end of the year. The offer amounts are in decline. Demand will evolve may again until the new year. The price level is essentially just held.
