Fonterra adjusts GDT volumes

by | Jun 22, 2022 | Forecast, Global

Fonterra announced it has added 8,000t of SMP and 3,785t of butter to its 12-month offer volume forecast, adding the volumes to auctions between July and November due to product mix optimisation and strong market demand. With the adjustment to SMP offer volumes, there is 5,190t on offer for both July events and 5,900t on offer at both August auctions.

Butter volumes have also lifted with 2,410t on offer for both events in July and 2,400t for both August events. AMF volumes are unchanged with 3,000t on offer for both July events and 2,825t for both August events.