by Freshagenda | Oct 20, 2021 | GDT, Global
Once again, despite the tight fat and SMP supplies in the EU and another strong run-up by NZX milk powder futures quotes, the index for event 294 was just 2.2% higher. The major powders made small gains on average while fats were reflective of the limited options...
by Freshagenda | Oct 6, 2021 | GDT, Global
Despite the strong direction offered by near-term milk powder futures quotes, prices in GDT event 293 posted small changes, with the index staying flat compared to the previous outing. SMP gained 0.4% on average to US$3,315/t but the changes were mixed across...
by Freshagenda | Sep 22, 2021 | GDT, Global
The 292nd event index posted a 1% gain with the powders providing the gains despite the continued subdued involvement of Chinese buyers. WMP gave the best result a little better than futures market indicators with rising fat and protein values in the lead-up. WMP...
by Freshagenda | Sep 8, 2021 | GDT, Global
GDT event #291 posted a 4% increase in the price index, on a larger overall offering of 25,093t compared to #290. Powders provided the strongest percentage gains despite the lower involvement of Chinese buyers. Demand was better across the board and the event achieved...
by Freshagenda | Aug 18, 2021 | GDT, Global
This was another eagerly awaited GDT event, with the market seeking direction after the recent volume changes. The event index posted a small 0.3% gain for the first gain in 9 events and only the 2nd rise in 11 events, but there was again plenty of positive news in...
by Freshagenda | Aug 4, 2021 | GDT, Global
GDT event 289 was a bit of an anti-climax after further reductions announced late last week in WMP and SMP offerings over the coming six months again failed to ignite greater buying interest. The result was a mixed outcome – the index was pulled lower by 1% (for...
