Dairy cows© Tim Scrivener
The Global Dairy Trade (GDT), an indicator of market sentiment, has seen its first drop for three months.  The fortnightly auction, owned and run by New Zealand processor Fonterra, fell by 3% at Tuesdays auction (4 October). See also: £200m skimmed off dairy farmers’ milk cheque, says NFU There were substantial drops in skim milk powder (SMP), down 3.9%, whole milk powder (WMP), down 3.8% and lactose, which dropped by 9.7%.   Buttermilk powder was the only commodity to perform well, up […]
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