Tuesday, October 5, 2010

Fonterra Auction

Today, October 5, 2010 Fonterra held its latest globalDairyTrade (gDT). This was the 29th such event.

Whole and skim milk powders were slightly lower, while butter milk powder and anhydrous milk fat increased. Taking great liberties with the word "market", comments from New Zealand are suggesting this latest indicates the "market" is balanced.

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