Preview for the Global Dairy Trade Auction on 02 February 2016

Starts at 1200GMT, result should trickle out within a couple of hours of then

  • Expectations are for around a 6% or so fall in prices at the auction (based on futures pricing).
  • Higher supply is being cited by analysts. I've seen estimates of up to 10% fall in the index price.
  • The prior result was a 1.4% fall: