
The GDT Price Index rose 2.2% at the first auction of 2018, led by a 4.2% gain in whole milk powder prices. Fonterra cut its 2017-18 NZ milk intake forecast by about 4% due to dry pasture conditions and reduced WMP volumes offered for sale.
Dry conditions reducing New Zealand milk supply tighten global powder availability and lift export prices. The gain was smaller than the 6% some traders expected, so the rally may be limited.
Setelah 32 peristiwa cuaca bullish sebelumnya, Susu (Class III) bergerak median +0,1% selama 5 sesi (50% lebih tinggi; separuh tengah -0,7% sampai +3,4%), dan +3,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.