Friday, April 26, 2024

Fonterra revises up GDT volumes

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Fonterra announced today that it will be offering an additional 16,120 tonne of WMP on GDT over the next 12 months. An additional 5,975 tonne of WMP will be offered by Fonterra over the next 3 months, while the remaining 10,145 tonne increase will not occur until February and March 2016. Fonterra now plans to offer 811,380 tonne of product on GDT over the next 12 months.  
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GDT Event 136 – 17 March

The next GDT auction sees 10,075 tonnes of WMP offered by Fonterra. This is 16% less than was available at the previous auction but is 5% more than previously forecast. An extra 475 tonne (11%) of WMP has been added to Contract 2 for the 17 March auction.

Butter volumes have been revised up by 50 tonnes from the previous forecast while SMP and AMF volumes remain as forecast.

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