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Whole milk powder prices at the GDT auction rose nearly 20%, reaching their highest level in over two years. Economists raised farmgate milk price forecasts after Fonterra revised its 2016/17 production estimate lower because of heavy October rain in key dairy regions.
Wet-weather-driven production cuts and stronger Chinese demand signal a tighter market, supporting higher milk prices and farm payouts.
nzherald.co.nz2016/11/01過去の強気な天候イベント32件の後、牛乳(クラスIII) は5営業日で中央値 +0.1% 動き（50% が上昇。中央50%は -0.7% から +3.4%）、20営業日では +3.2% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
Heavy October rain cut NZ output expectations and WMP rose nearly 20%, tightening global supply and supporting US dairy prices.
Whole milk powder jumped nearly 20% to a two-year high on lower NZ production estimates from heavy rain, a supply-driven global price shock.
