Market expectations for GDT miss by a mile
Today's massive overshot is one of the biggest misses by the dairy futures market this year.
This morning’s 1.9% gain in dairy prices at the GlobalDairyTrade (GDT) auction missed market expectations by a country mile.
Just a week ago, the dairy futures market was indicating prices would rise 8%, but buyers weren't as desperate for product as the market had anticipated.
AgriHQ dairy
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Jason Walls
Wed, 16 Dec 2015
Wed, 16 Dec 2015
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Market expectations for GDT miss by a mile
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