Shareholders/fellow stockwatchers,
GDT Prices dropping but Australian farmgate milk prices rising.
Looks like a margin squeeze (and loss) for Aus processors. Impact is until the earliest June 30 2023.
Given BFC's narrow product range, BFC has few options to correct margin loss.
Apparent from recent Press that BFC is carrying excess Lactoferrins (guess is 15 tonnes) on its Balance Sheet. This surplus needs to be financed - hello NAB. Lactoferrins is not the predicted BFC saviour.

Why would KCG progress with Capital injection??
Roger what is the alternative funding sources should KCG withdraw??

Latest GDT results -

Event Results Global Dairy Trade Event 311 concluded with the GDT Price Index down 4.1% Key Results AMF index down 3.1%, average price US$5,706/MT Butter index down 9.1%, average price US$5,648/MT BMP index down 7.6%, average price US$4,064/MT Ched index up 1.4%, average price US$4,908/MT LAC index not available, average price US$1,493/MT SMP index down 5.2%, average price US$4,063/MT SWP index not available, average price not available WMP index down 3.3%, average price US$3,961/MT Full results have been published on www.globaldairytrade.info. For more detailed results, subscribe to a GDT Insight Market Pack to download a wide range of historical data, plus up to date sold quantities and number of bidders by region.