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Dairy
Dairy Trends: GDT drops by 2.8% at last auction of 2024
Aidan Brennan
The latest Global Dairy Trade auction recorded a drop of 2.8%, with powders falling by the largest amount, writes Aidan Brennan.
18 December 2024 News
November milk prices rise
All processors have either lifted their base milk price, or paid a bonus on 2024 milk.
17 December 2024 News
GDT index down 2.8% at latest auction
There were 183 participating bidders and 14 bidding rounds at Tuesday’s GDT auction.
ICMSA calls on milk processors to pay end-of-year bonuses
The association made the statement to support farmers against the extreme difficulties experienced over the previous 18 months.
10 December 2024 News
Latest Global Dairy Trade auction up 1.2%
This marks the third consecutive increase, following a 4.8% increase on 5 November.
3 December 2024 News
Dairy Trends: GDT up 1.9% and butter breaks records
The price of butter has broken the previous record set just two months ago, writes Aidan Brennan.
20 November 2024 Markets
Dairy prices continue to rise at Global Dairy Trade
However, the index rise marks the second successive increase after there was a 4.8% increase on 5 November.
19 November 2024 News
Dairy Trends: markets going in the right direction
Butter is leading the charge this week, as prices increase by €145/t to be within touching distance of the last peak price.
13 November 2024 Markets
Dairy Trends: GDT increases by 4.8%
The Global Dairy Trade auction result is a really positive sign for the dairy trade, as New Zealand heads towards peak milk production.
6 November 2024 Markets
Increase in Ornua PPI for October
The Ornua value payment payable to member co-ops in the month is €4.4m, which equated to 3.6% of gross purchases in the month.
6 November 2024 News
GDT index increases by 4.8%
All dairy prices at the fortnightly event were up, bar lactose.
5 November 2024 News
Dairy Trends: butter continues its downward trajectory
Butter prices continue to slip in Europe, with prices back €650/t on the peak price of just a few weeks ago.
23 October 2024 Markets