Wednesday, 17 June 2020 09:51

Dairy prices rise

Written by  Staff Reporters
Dairy prices rise

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

Editorial: No need to worry

OPINION: What goes up must come down. So, global dairy prices retreating from lofty heights in recent months wouldn’t come as a surprise to many farmers.

Price cut coming?

OPINION: Dipping global dairy prices have already resulted in Irish farmers facing a price cut from processors.

Butter price melt

OPINION: Are the heydays of soaring global demand for butter over?

Popular Reads

back to top

Featured

HortNZ celebrates 20 Years

More than 150 people turned up at Parliament recently to celebrate the 20th anniversary of Horticulture New Zealand (HortNZ).

National

Machinery & Products

» Latest Print Issues Online

dairynewscover
ruralnewscover
winegrowercover

Visit archives

Milking It

Trump's tariffs

President Donald Trump’s decision to impose tariffs on imports into the US is doing good things for global trade, according…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter