The inaugural trading event for Fonterra’s new internet-based sales platform, globalDairyTrade, concluded this morning. The online trading platform plans by Fonterra were announced in April this year in response to price volatility, according to Managing Director of GlobalDairyTrade, Kelvin Wickham. “Everything is pointing to the fact that this volatility is going to continue and that prices will move up and down, often unpredictably in response to supply and demand shocks,” he... ...Read more »