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Dairy product prices rose more than expected at the August 2 Global Dairy Trade auction. The GDT index rose 6.6% to an average of US$2,436 per tonne, and whole milk powder jumped 9.9% to US$2,265 per tonne.
Analysts said milk production is slowing globally, with lower EU output and returns.
Slowing global milk output and a strong auction lift dairy prices, which can raise costs for dairy-derived feed and signal firmer milk returns.
businessdesk.co.nzMargreet Dietz2016/08/02過去の強気な貿易イベント41件の後、牛乳(クラスIII) は5営業日で中央値 -0.1% 動き（49% が上昇。中央50%は -1.3% から +8.1%）、20営業日では +1.1% 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。
The Aug 2 GDT auction jump (index +6.6%, WMP +9.9%) with slowing global milk output signaled tighter supply and lifted global dairy sentiment, supporting US Class III futures.
The 6.6% GDT index jump and 9.9% WMP gain on Aug 2 signaled a global dairy price rebound and slowing supply, lifting sentiment and US Class III futures.
