Robbie Turner talks GDT prices with The DairyNews - Rice Dairy International
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Robbie Turner talks GDT prices with The DairyNews

August 24, 2016

Screen Shot 2016-08-24 at 4.31.17 PMRobbie Turner spoke with The DairyNews about the recent growth of the GDT. Here’s a snippet:

DN: How do you assess the growth of prices on stock exchange Global Dairy Trade?

R.T.: In my view, Tuesday’s GDT exceeded expectations, and caught many by surprise. While the expectation was for another strong event – as indicated by the NZX futures – I don’t think many in the market anticipated WMP being so strong, or butter for that matter. SMP was closer to where the market was expecting the auction to settle.

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