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WELLINGTON – Dairy prices in the twice monthly GlobalDairyTrade auctions have fallen 41% from a March 2011 peak and are down 24% so far this year, with the result that economists now expect New Zealand dairy giant Fonterra Co-Operative Group ...
May 16, 2012 at 03:00 | Source: FOXBusiness
Dairy prices in the twice monthly GlobalDairyTrade auctions have fallen 41% from a March 2011 peak and are down 24% so far this year. The GlobalDairyTrade auction is an international trading platform established by Fonterra and managed by Boston-based CRA International.
May 22, 2012 at 04:54 | Source: 4-traders (press release)
Dairy prices in twice-monthly GlobalDairyTrade auctions have fallen 41% from their March 2011 peak, and are down 24% so far this year. Markets keep a close eye on the dairy auctions, as any significant slide in agricultural commodity prices ...
May 24, 2012 at 03:33 | Source: Marketwatch
Prices in Fonterra's GlobalDairyTrade auction have dropped 41 per cent during the past 12 months, reflecting a slide in commodity prices as traders factor in weaker demand from China and European uncertainty, which has helped drive up the US dollar.
May 24, 2012 at 00:56 | Source: New Zealand Herald
The near-term contract fell for the 11th straight auction to $2,488 a metric ton, the company said on its GlobalDairyTrade website. The results “only add to the evidence suggesting next season’s Fonterra dairy payout will be considerably ...
May 16, 2012 at 02:38 | Source: Bloomberg
Whole-milk powder at the company’s GlobalDairyTrade auctions tumbled 25 percent in two months to May 15 after mild weather and record prices spurred farmers to boost output. That helped push global food costs lower for the first time this year ...
May 22, 2012 at 05:59 | Source: Businessweek
Fonterra will release its first 2012-13 dairy payout forecast this week. Prices in its GlobalDairyTrade auction have shed 41% over the past 12 months, reflecting a slide in commodity prices as traders factor in weaker demand from China, European ...
May 21, 2012 at 00:31 | Source: National Business Review
It recently traded at 60.37 cents. The New Zealand dollar continued its downward slide after dairy products fell 6.4 per cent at Fonterra Cooperative Group's GlobalDairyTrade auction. The average sale price has now shed 41 per cent in the past 12 months.
May 15, 2012 at 20:55 | Source: New Zealand Herald
Milk powder prices have fallen sharply since their peak in early 2011 and are now down 41%, according to data from the GlobalDairyTrade twice monthly auctions. Even as commodity prices have fallen, farm expenses have risen. Statistics New ...
May 16, 2012 at 23:09 | Source: NASDAQ