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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessBNZ note that "global dairy prices......>
NEW ZEALAND: BNZ note that "global dairy prices continue to drift lower. The GDT
Price Index is yet to post an increase in the new season and we are nearly four
months in. Prices are 14% lower than on day one of the season, pressured lower
on reasonable global milk supply including a strong start to NZ's season while
world economic growth indicators have cooled a little. Fonterra has reduced its
2018/19 milk price forecast to $6.75 from $7.00. This still looks optimistic to
us. We have lowered our forecast to $6.30, on the assumption that international
prices will at least stop falling and even show some mild improvement in 2019."
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.