GlobalDairyTrade (GDT) auction begins at midday in London on Tuesday,
- the results will come out in the hours following
Previous results:
Expectations I have seen are for a rise in prices after the series of losses, which would be a positive input for the NZD (although other factors such as global developments are having more of an impact at present).
Further head New Zealand dairy production will rise (seasonal impact) into still subdued global demand due to the recession.
