- November 15, 2021
Doubt as to milk flows in New Zealand remain – but the reality is that things are getting worse…
- October 13, 2021
Much attention is being paid to the importance of non-Chinese volumes in GDT at the moment…
- September 27, 2021
China combined WMP and SMP imports Rolling 12 mths in MT Dotted red line is end of actuals, beyond that is Bridgecape estimates
- September 20, 2021
Care of Solera Advisers (www.soleraadvisors.com)
- September 15, 2021
With large expansion of the Chinese dairy herd…
- September 3, 2021
Fonterra announced another cut to GDT volumes Thursday night, removing 10% from October and November volumes and 5% from December. These take the total volume removed from GDT since June to around 60,000mt or 30% of September to December availability.
- August 27, 2021
Chinese milk prices continue to rally recently and continue historically high relative to whole milk powder prices, especially after recent WMP declines. While milk prices would typically be expected to mean more local milk production, they have really only kept up with local feed prices, meaning margins for milk producers remain lower than historical. This should mean the ongoing need for WMP and other imports into the first half of 2022.