Wednesday, 17 June 2020 09:51

Dairy prices rise

Written by Staff Reporters

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The Global Dairy Trade (GDT) auction overnight delivered its third consecutive positive result.

Average prices were up 1.9% compared to the previous auction.

Whole milk powder prices lifted 2.2% to US$2829/metric tonne.

Key results

AMF index up 0.8%, average price US$3,993/MT

Butter index down 1.0%, average price US$3,597/MT

BMP not offered

Ched index up 1.4%, average price US$3,631/MT

LAC index up 0.4%, average price US$1,290/MT

SMP index up 3.1%, average price US$2,609/MT

SWP index not available, average price not available

WMP index up 2.2%, average price US$2,829/MT

Featured

Southland pasture growth study to continue as long-time champion retires

One of New Zealand’s longest-running pasture growth monitoring projects will continue, even as its long-time champion steps away after more than five decades of involvement.

IFSO warns of insurance claim delays after severe weather

The Insurance & Financial Services Ombudsmen Scheme (IFSO Scheme) is advising consumers to prepare for delays as insurers respond to a high volume of claims following this week's severe weather.

ETS costs cut 66% for forest owners – McClay

Additional reductions to costs for forest owners in the Emissions Trading Scheme Registry (ETS) have been announced by the Government.

Technology driving a new era of animal welfare monitoring in New Zealand dairy farming

Animal welfare is of paramount importance to New Zealand's dairy industry, with consumers increasingly interested in how food is produced, not just the quality of the final product.

Primary sector on alert as red rain warnings issued across multiple regions

Agriculture and Forestry Minister Todd McClay is encouraging farmers and growers to stay up to date with weather warnings and seek support should they need it.

SH2 Waioweka Gorge closure to add major costs and delays for Upper North Island freight

The closure of SH2 Waioweka Gorge could result in significant delays and additional costs for freight customers around the Upper North Island, says Transporting New Zealand.

National

New tractor deliveries jump 10% in 2025 as farmer confidence lifts – TAMA

New tractor deliveries for 2025 jumped 10% compared to the previous year, a reflection of the positive primary sector outlook,…

Two new awards open to help young farmers progress to farm ownership

Entries have opened for two awards in the New Zealand Dairy Industry Awards (NZDIA) programme, aimed at helping young farmers…

Mike Siermans confirmed as Federated Farmers chief executive

Federated Farmers has confirmed interim chief executive Mike Siermans to the role.

Global dairy prices snap a five-month negative run

Dairy prices have jumped in the overnight Global Dairy Trade (GDT) auction, breaking a five-month negative streak.

From Love to Leadership: Leah Prankerd’s commitment to New Zealand dairying

It was love that first led Leah Prankerd to dairying. Decades later, it's her passion for the industry keeping her…

Machinery & Products

John Deere showcases 130hp E-Power electric tractor prototype at Agritechnica

Easily missed on its expansive Agritechnica site, John Deere offered visitors to the bi-annual event, the first opportunity in Europe to…

Exceed two-wheeled farm motorcycles enter NZ market

In a market already well supplied with agricultural spec’ two-wheeled motorcycles, a new arrival with an aggressive price point is sure…

Merlo Hypercompact Telehandler built for 3500kg towing

Given that most countries who favour the humble ute have maximum braked towing limits of 3500kg, those seeking to use mobile…

Case IH Farmall C Upgrade: More power, weight & precision

The Case IH Farmall C, well known across New Zealand, has just seen an upgrade including a new look, increased weight…

Case IH Unveils New RB6 Round Balers & 2026 Square Baler Upgrades

Case IH has released details of its all-new round balers and redesigns to its large square balers aimed at increasing…

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