NZX Dairy Insights
Although China is buying, its demand is not raising dairy prices. With milk and product out there, and many economies struggling high inflation and facing recession, there is little reason for buyers to bid dairy prices higher, say NZX dairy analysts
Although China is buying, its demand is not raising dairy prices. With milk and product out there, and many economies struggling high inflation and facing recession, there is little reason for buyers to bid dairy prices higher, say NZX dairy analysts
A last minute crash to dairy prices seems a fitting end to an odd year, observes Stuart Davison. NZ milk price expectations will be revaluated lower this week, with the recent Fonterra forecast adjustment already over-valued
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A last minute crash to dairy prices seems a fitting end to an odd year, observes Stuart Davison. NZ milk price expectations will be revaluated lower this week, with the recent Fonterra forecast adjustment already over-valued
After four stellar auctions of impressive GDT price index gains, Wednesday's may be a more tame event - but increases are still expected
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After four stellar auctions of impressive GDT price index gains, Wednesday's may be a more tame event - but increases are still expected
The next Global Dairy Trade auction is expected to show a strong, positive market shift again, building on the prior three events. The derivatives market is expecting WMP to gain more than 6%
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The next Global Dairy Trade auction is expected to show a strong, positive market shift again, building on the prior three events. The derivatives market is expecting WMP to gain more than 6%