Wednesday, 17 June 2020 09:51

Dairy prices rise

Written by  Staff Reporters

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

 

More like this

Featured

Editorial: Drones Are Not Toys

OPINION: David Seymour and James Meager's plan to make it easier for farmers and orchardists to operate drones can best be described a 'courageous' move.

Opuha Dam Commissions New Valve in Major Flood Safety Upgrade

Opuha Dam's ability to protect South Canterbury communities from major flooding has taken a significant step forward, with Opuha Water Limited (OWL) successfully commissioning a new outlet valve capable of releasing record volumes of water from the dam ahead of a weather event.

National

Machinery & Products

» Latest Print Issues Online

Milking It

Domestic Focus

OPINION: After hogging the media limelight for telling a NZ Chinese MP to "go back home", Winston Peters has decided…

A No-Brainer

OPINION: With fuel prices soaring, one would have expected most farmers to be reclaiming excise duty on petrol.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter