Mounting supply side pressures are gradually improving global dairy market fundamentals. There are some early signals of improving demand in export markets, although some new affordability challenges are emerging. Read our full August dairy commodity report here 👉 https://lnkd.in/giFARMxG #dairyindustry #GDT #milk #cheddar #dairyproducts #yourpartnerindairy
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Here is Edwin Lloyd in our latest edition of the Inside Track with an overview of the dairy markets around the globe. The overall position remains unchanged with supply and demand finally balanced. #dairy #dairyindustry #cheddar #GDT #yourpartnerindairy
Inside Track Edition 155 | 16th October 2024
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We saw a -0.3% change in dairy commodity prices at the Global Dairy Trade auction overnight with AMF up 0.3%, Butter down 0.3%, SMP down 1.8% and Cheddar up 4.2%. #dairy #dairyindustry #GDT #milk #cheddar #dairyproducts #yourpartnerindairy
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A quick update from Edwin Lloyd who has been attending the SGX-NZX Global Dairy Seminar 2024 with John Hallo SGX Group | NZX Limited #dairyindustry #dairyproducts #yourpartnerindairy #SGXGroup #NZX
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The tight butterfat situation in the EU remains a dominant influence on global fundamentals. While typical EU market seasonality would suggest cream availability will improve in November-December as milk output seasonally rises and fresh demand softens, butter supplies will remain tight, aided by persistent demand for cheese. Read our full October dairy commodity report click below 👇 #dairyindustry #GDT #milk #cheddar #dairyproducts #yourpartnerindairy
EU Butterfat Shortage Drives Global Dairy Market Tightness
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Global dairy demand remains robust after a good start to the New Zealand Milk Season. Here is John Hallo in our latest edition of the Inside Track. #dairy #dairyindustry #cheddar #GDT #yourpartnerindairy
Inside Track Edition 154 | 2nd October 2024
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We saw a +1.2% change in dairy commodity prices at the Global Dairy Trade auction overnight with AMF down 0.1%, Butter down 1.4%, SMP down 0.6% and WMP up 3.0%. #dairy #dairyindustry #GDT #milk #cheddar #dairyproducts #yourpartnerindairy
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Below forecasted milk supply in the EU and USA leads to continued firm pricing for global dairy commodities. Here is John Hallo in our latest edition of the Inside Track. #dairy #dairyindustry #cheddar #GDT #yourpartnerindairy
Inside Track Edition 153 | 18th September 2024
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We saw a +0.8% change in dairy commodity prices at the Global Dairy Trade auction overnight with Mozzarella up 4.5%, Butter down 1.7% and WMP up 1.5%. #dairy #dairyindustry #GDT #milk #cheddar #dairyproducts #yourpartnerindairy
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European butter pricing soars to record highs, this is helping support a firm global fat market. Here is John Hallo in our latest edition of the Inside Track. #dairy #dairyindustry #cheddar #GDT #yourpartnerindairy
Inside Track Edition 152 | 4th September 2024
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Acute butterfat shortages in the EU due to a perfect storm of supply and demand impacts have quickly escalated to dominate global fundamentals. The convergence of reduced milk fat output, a firm cheese market and summer cream demand are exacerbated by buyers coming back to market with uncovered short-term needs. The recent spread of a debilitating animal disease is further impacting milk output. Read our full September dairy commodity report click below 👇 #dairyindustry #GDT #milk #cheddar #dairyproducts #yourpartnerindairy
EU Butterfat Shortage Drives Global Dairy Price Surge
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