Wednesday, 16 September 2020 09:32

Dairy prices rise

Written by Staff Reporters

font size decrease font size increase font size
Print
Email

The GDT auction price index rose 3.6% overnight.

Global dairy prices have risen for the first time in two months.

Last night’s Global Dairy Trade (GDT) auction price index rose 3.6% to an average price of US$3092/metric tonne.

The all-important whole milk powder price rose 3.2% to US$2985/MT.

Skim milk powder was one of the big gainers; average price rose 8.4% to US$2889/MT.

Key results

AMF index up 2.0%, average price US$3,910/MT

Butter index down 1.4%, average price US$3,282/MT

BMP not offered

Ched index up 7.2%, average price US$3,674/MT

LAC index down 2.7%, average price US$1,277/MT

SMP index up 8.4%, average price US$2,889/MT

SWP index not available, average price not available

WMP index up 3.2%, average price US$2,985/MT

Featured

Phoebe Scherer named 2025 Young Grower of the Year

Phoebe Scherer, a technical manager from the Bay of Plenty, has won the 2025 Young Grower of the Year national title.

The Fencing Contractors Association of New Zealand (FCANZ) celebrated the best of the best at the 2025 Fencing Industry Awards, providing the opportunity to honour both rising talent and industry stalwarts.

Boutique cheesemaker Cranky Goat in voluntary liquidation

Award-winning boutique cheese company, Cranky Goat Ltd has gone into voluntary liquidation.

National Pest Management Plan for TB seeks feedback

As an independent review of the National Pest Management Plan for TB finds the goal of complete eradication by 2055 is still valide, feedback is being sought on how to finish the job.

B+LNZ launches AI assistant for farmers

Beef + Lamb New Zealand has launched an AI-powered digital assistant to help farmers using the B+LNZ Knowledge Hub to create tailored answers and resources for their farming businesses.

Long shot research by forage breeder nails pasture success

A tiny organism from the arid mountains of mainland Greece is facilitating a new way of growing healthier animals on farms across New Zealand.

National

AgFirst marks 30 years of agribusiness advice

AgFirst, New Zealand's largest independent agribusiness consultancy, is turning 30 - celebrating three decades of "trusted advice, practical solutions, and…

Strong production, tested demand send milk prices crashing

Strong global milk production and rebalancing of demand among key buyers has delivered one of the biggest drops in whole…

ACC urges safety during spring calving

Dairy farmers around the country are into the busy spring calving period.

Rural NZ faces shift as copper network deregulation looms

Rural communities say support is required to shift away from the copper network that has been the only source of…

Chris Lewis ready for another term

After serving three as a DairyNZ director, Waikato farmer Chris Lewis is ready for another term.

Machinery & Products

Revamp for Valtra's A Series models

Valtra has recently announced upgrades to the fifth generation A Series, offered to the New Zealand market in the four…

JDLink Boost for NZ farms

Connectivity is widely recognised as one of the biggest challenges facing farmers, but it is now being overcome through the…

Pöttinger: From grassland machinery to global innovator

Formed in 1871, Austrian agricultural machinery manufacturer Pottinger originally focused on producing grassland machinery for a little over a century.

New generation Defender HD11

The all-new 2026 Can-Am Defender HD11 looks likely to raise the bar in the highly competitive side-by-side category.

Transpread launches compact single-axle pumping trailer

Umbilical pumping specialists Transpread have designed a compact, single-axled version of its Contractor trailer engine-driven pump system, offering reduced dimensions…

» Latest Print Issues Online

Visit archives

Dairy prices rise

More like this

Strong production, tested demand send milk prices crashing

Global dairy prices rebound after two-month decline

Middle East demand cushions global dairy price drop at latest GDT auction

Arla to offer European-sourced skim milk powder on GDT Pulse

$10.25/kgMS milk price now in play

Popular Reads

Two milk processing plants changing hands

Waikato dairy farmers enter 2025 regional council elections

Farmer anger over Joy's social media post

Fonterra consumer business sale price jumps to $4.22b

Open Country finalises acquisition of Miraka Limited

Featured

Phoebe Scherer named 2025 Young Grower of the Year

Fencing excellence celebrated

Boutique cheesemaker Cranky Goat in voluntary liquidation

National Pest Management Plan for TB seeks feedback

B+LNZ launches AI assistant for farmers

Long shot research by forage breeder nails pasture success

National

AgFirst marks 30 years of agribusiness advice

Strong production, tested demand send milk prices crashing

ACC urges safety during spring calving

Rural NZ faces shift as copper network deregulation looms

Chris Lewis ready for another term

Machinery & Products

Revamp for Valtra's A Series models

JDLink Boost for NZ farms

Pöttinger: From grassland machinery to global innovator

New generation Defender HD11

Transpread launches compact single-axle pumping trailer

» Latest Print Issues Online

Milking It

Buttery prize

Gene Bill rumours

» eNewsletter

Dairy prices rise

More like this

» Latest Print Issues Online

» Connect with Dairy News

» eNewsletter