Fonterra to offer milk powder at GDT auction with guaranteed age limit at premium price

Fri, 06 Nov 2015

By Jonathan Underhill Nov. 6 (BusinessDesk) - Fonterra Cooperative Group will begin selling whole and skim milk powder with a guaranteed age limit on the GlobalDairyTrade platform from Dec. 1, saying some customers are willing to pay a premium for anything that extends the shelf life of their own products. The two new specifications are medium heat skim milk powder of less than 120 days age at time of departure and regular whole milk powder with an age profile of less than 90 days ATOD. Milk powder is a long-life product with a shelf life...

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