Laden…
The Global Dairy Trade index fell 5% at the latest auction, its largest one-auction drop in 15 months. Analysts blamed international trade concerns, and whole milk powder fell 7.3% to $2,905 per tonne.
Trade uncertainty weighed on global dairy demand and lowered forward contract prices for milk powder. Lower milk powder prices reduce farmgate milk returns in exporting regions.
farmersweekly.co.nzHugh Stringleman5 jul 2018Na 49 eerdere neerwaarts handel-gebeurtenissen bewoog Melk (Class III) zich mediaan -0,3% over 5 sessies (39% hoger; middelste helft -4,7% tot +1,5%), en -0,4% 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.
The 5% GDT drop (reported around July 3-5) with weak whole milk powder signaled softer global demand and weighed on US dairy sentiment.
The largest one-auction GDT drop in 15 months on trade worries signaled weaker global demand and price direction, weighing on US dairy futures.
Analysts attributed the GDT decline to trade concerns, reinforcing bearish sentiment in dairy markets.
