date:Jun 18, 2015
ad anticipated a slight bounce, given that volumes on offer were lower and because whole-milk powder futures on the New Zealand Stock Exchange traded at a slight premium to prices from the prior auction.
New Zealands AgriHQ dairy analyst Susan Kilsby said Wednesday that the quantity of whole milk powder on the GDT platform is forecast to rise from July onward as new season product starts to be forward sold.
It will become harder for prices to recover as the volume of milk powder on offer incre