Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Molkerei Ammerland to offer SWP on GlobalDairyTrade

Molkerei Ammerland to offer Sweet Whey Powder (SWP) on GlobalDairyTrade


GlobalDairyTrade (GDT) announced today that Molkerei Ammerland will join the seven existing sellers on GlobalDairyTrade beginning September, 2014, offering Sweet Whey Powder for the first time on the world’s leading auction platform.

Molkerei Ammerland’s participation as a seller on GDT marks yet another significant development in the world’s foremost online dairy commodity trading platform.

Molkerei Ammerland, one of Europe’s leading dairy cooperatives, gathers milk from over 2000 farmers across northwest Germany, and through its state of the art production facilities it processes more than 1.5 billion kilograms of milk for sale to over 50 countries around the world. Molkerei Ammerland specialises in cheeses, butter, whey powders, milk powders and fresh dairy products, and has capitalised on over 125 years’ experience.

Molkerei Ammerland CEO Ralf Hinrichs said that “exports already make up 49% of our sales, and will become increasingly important as we increase our production capacity. GDT gives us the opportunity to access worldwide demand for dairy and to compete more effectively on the world stage. This announcement is good for Molkerei Ammerland, its farmers and other business partners.”

Director of GlobalDairyTrade Paul Grave said, “GlobalDairyTrade is delighted to welcome Molkerei Ammerland as the latest new seller in our fortnightly auctions. We believe the addition of Sweet Whey Powder will also be welcomed by the network of over 650 registered buyers as we continue to expand GDT’s role as a key platform for international trade in a broad range of dairy commodities.”


Since its inception in 2008 GDT has sold over US $14 billion of dairy ingredients products. The introduction of Sweet Whey Powder extends GDT’s offerings to nine product groups offered by eight leading dairy producers. GDT has traded more than one million metric tonnes in just the last 12 months, and this new development will further deepen the liquidity and price transparency for these products.

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Pre-Budget: Computer Emergency Response Team, Assemble!

John Key told the country's first ever Cyber Security Summit in Auckland that the government had earmarked funding set up a national Computer Emergency Response Team to help prevent and act on cyber incidents in partnership with the private sector and other organisations. More>>

ALSO:

Job Cutter Goes: Mark Weldon To Step Down As MediaWorks CEO

“When I joined MediaWorks in August 2014, I had a mandate to lead a significant change programme to bring the business back from receivership into a position where it could once again be a strong competitor in the market, with a sound and sustainable future. It was a big brief, laden with inherent challenges, but I took it in good faith and have dedicated myself fully to the goal since." More>>

ALSO:

Must Sell 20 Petrol Stations: Z Cleared To Buy Caltex Assets

Z Energy is allowed to buy the Caltex and Challenge! petrol station chains but must sell 19 of its retail sites and one truck-stop, the Commerce Commission has ruled in a split decision that acknowledges possible retail price coordination between fuel retailers occurs in some regions. More>>

ALSO:

Huntly: Genesis Extends Life Of Coal-Fuelled Power Station To 2022

Genesis Energy will keep its two coal and gas-fired units at Huntly Power Station operating until 2022, having previously said they'd be closed by 2018, after wringing a high price from other electricity generators who wanted to keep them as back-up. More>>

ALSO:

Dammed If You Do: Ruataniwha Irrigation Scheme Hits Farmer Uptake Targets

Enough Hawke's Bay farmers have signed up for water from the proposed Ruataniwha Water Storage Scheme for it to go ahead as long as a cornerstone institutional capital investor can be found to back it, its regional council promoter announced. More>>

ALSO:

Reserve Bank: OCR Stays At 2.25%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.25 percent, in a decision traders had said could go either way, while predicting inflation will pick up as the slump in oil prices washes out of the data and capacity pressures start to build in the economy. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news