Heads up for NZD traders - dairy auction coming up Tuesday (London time)

This is an early heads up. The GDT (GlobalDairyTrade) auction begins at midday in London and results will start to come out about an hour and half after.

  • Pricing from futures markets is indicating expectations are for around a 4% rise in whole milk powder & around 3% for the index
  • The previous results for the index (the most recent result, August 1, was -1.6%):
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