Recent Posts

Dairy product prices fall 2.4 percent in GDT auction; little sign of taint disruption

Prices of dairy products fell in the latest GlobalDairyTrade auction, while the volume sold jumped to a record, suggesting little if any reaction to Fonterra Cooperative Group’s whey protein contamination scare. The GDT Price Index, previously known as the GDT-TWI Price Index, fell 2.4 percent compared to the last sale two weeks ago. The average winning price was US$4,847 a …

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While you were sleeping: September taper back in focus

Wall Street fell a second day after two other US Federal Reserve officials suggested the central bank could begin easing its bond-buying program next month. In late afternoon trading in New York, the Dow Jones Industrial Average slid 0.62 percent, the Standard & Poor’s 500 Index fell 0.59 percent and the Nasdaq Composite Index dropped 0.78 percent. Shares of International …

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