At the first GDT auction for 2016 Fonterra will offer 2600t of AMF, 500t more than previously forecast. AMF volumes have also been revised up for the next few auctions.
The volume of whole milk powder (WMP), skim milk powder (SMP) and butter available at the 5 January 2016 event are as previously forecast. There will be a total of 13,650t of WMP available, 4100t of NZ sourced SMP, and 1500t of butter offered by Fonterra at the GDT event 155.
WMP, SMP and butter volumes are also as previously forecast for each of these commodities for the auctions through to 1 March 2016.
Click here to download a spreadsheet containing historic forecast volume data.