Wednesday, 04 September 2019 10:27

Dairy prices dip slightly

Written by Rural News Group

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Global dairy prices dipped slightly in the overnight Global Dairy Trade (GDT) auction.

The GDT price index was down 0.4% compared to the previous auction, with key product whole milk powder down 0.8%, SMP up 0.7%, and butter unchanged.

Key results

AMF index down 1.5%, average price US$4,988/MT

Butter index unchanged, average price US$4,029/MT

BMP index up 3.4%, average price US$2,476/MT

Ched index down 0.8%, average price US$3,827/MT

LAC index down 0.9%, average price US$729/MT

RenCas index up 4.6%, average price US$6,632/MT

SMP index up 0.7%, average price US$2,500/MT

SWP index not available, average price not available

WMP index down 0.8%, average price US$3,076/MT

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