Milk powder futures tumbled as markets reacted to the “pretty soggy” GlobalDairyTrade auction which witnessed a surprise fall in prices, blamed largely on weak Chinese demand. SGX NZX whole milk powder prices for November fell...
Read MoreOct 18, 2022 | Markets expresso, Dairy |
Futures markets don’t always get it right. So it has proved with the latest GlobalDairyTrade (GDT) auction, for which SGX NZX futures were anticipating price gains. In fact, values as measured by the GlobalDairyTrade index fell...
Read MoreCoffee importers are doing pretty well at keeping the US in lattes. Sure, the country’s port warehouse stocks returned to shrinking last month – which might not be the best news for roasters given the setbacks to world supplies...
Read MoreOct 18, 2022 | News, Analysis, Corn and coarse grains |
US brewers are losing fizz. (And not just metaphorically.) Not only are they, like other food and beverage groups, facing up to the prospect of customer belt-tightening, in the face of rising interest rates and the cost of...
Read MoreTalk of a recovery in European milk production, as well as persistent worries over Chinese demand, are prompting doubts over whether prices will recover at Tuesday’s GlobalDairyTrade auction, as futures suggest. SGX NZX whole...
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