Rural

Global Dairy Trade Auction: Modest Price Rise Amidst Market Uncertainty

"This fear of milk supply being impacted by this blue-tongue disease is driving European prices through the roof," he notes.

Stu Davison from High Ground Dairy provides a detailed analysis of the recent Global Dairy Trade (GDT) auction results. 

Despite a minimal rise in the overall price, Davison reveals the futures market had anticipated a more significant increase, revealing a cautious and complex market landscape.

He highlights the significant impact of the blue tongue disease outbreak in Europe, which is driving up prices for dairy products like cheese, butter, and cream. 

Davison also touches on China's influence as a major buyer and the divergent global pricing dynamics, providing a comprehensive view of the current dairy market challenges and opportunities.

Listen to the full chat between Stu Davison and Dominic George above.

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