{"id":11854,"date":"2014-07-15T00:00:00","date_gmt":"2014-07-14T12:00:00","guid":{"rendered":"https:\/\/www.farmersweekly.co.nz\/omf-nz-futures-market-report-july-15-2014\/"},"modified":"2014-07-15T00:00:00","modified_gmt":"2014-07-14T12:00:00","slug":"omf-nz-futures-market-report-july-15-2014","status":"publish","type":"post","link":"https:\/\/www.farmersweekly.co.nz\/news\/omf-nz-futures-market-report-july-15-2014\/","title":{"rendered":"OMF NZ Futures Market report &#8211; July 15, 2014"},"content":{"rendered":"<span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\">&lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>As reported yesterday, the main story in GDT is the continued removal of volume from the auction.\u00a0 Fonterra has revised its 12-month GDT volume forecast down 13,064MT to 961,756MT.\u00a0 The reduction largely reflects a reduction in WMP and AMF on offer, and a change in product mix with SMP volumes set to increase by 7.2%<\/p>\n<p>We watch with interest in tonight\u2019s result and maintain the view that the market is due for a bounce.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"The NZX dairy futures market remains quiet with no volume going through.\u00a0 For now buyers have disappeared and sellers in the market place have dried up.\u00a0 The market is in a holding pattern with participants waiting for some direction in tonight\u2019s auction.\n","protected":false},"author":33,"featured_media":11855,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[3],"tags":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 4.6.2 - aioseo.com -->\n\t\t<meta name=\"description\" content=\"The NZX dairy futures market remains quiet with no volume going through. 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