Laden…
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.nz1 nov 2016Na 32 eerdere opwaarts weer-gebeurtenissen bewoog Melk (Class III) zich mediaan +0,1% over 5 sessies (50% hoger; middelste helft -0,7% tot +3,4%), en +3,2% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
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.
