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

Chopped Salad Trend Arrives With NZ's Fresh Spring Veges

Bigger, bolder salads packed with colour, crunch and flavour are making headlines overseas — and the arrival of fresh spring vegetables means New Zealanders can now get chopping too, creating their own Great Kiwi Spring Salad.

Rabobank: China Quotas, Brazil Risk to Reshape Beef Trade

Chinese beef trade quotas and a looming suspension of Brazilian beef imports into the European Union are expected to reshape global beef trade flows over the remainder of 2026, with implications for New Zealand exporters, according to Rabobank's Q3 Global Beef Quarterly report.

James Blair Named 2026 Young Grower National Champion

James Blair, an agronomist for AS Wilcox and the Pukekohe regional champion, has won the 2026 Young Grower national title.

NZ Ice Cream & Gelato Awards 2026: Supreme Champions Named

An Auckland gelato shop and an established New Zealand ice cream maker have both been named Supreme Champions at the NZ Ice Cream & Gelato Awards 2026.

Pork Remains Among NZ's Most Affordable Meats: Stats NZ

As the cost-of-living crisis continues to put pressure on household grocery budgets, new figures show pork remains one of the most affordable fresh meat options for New Zealand families.

Editorial: The Value of Credibility

OPINION: In politics, credibility is and should be big. It must surely rank higher than charisma, which is quite trite and superficial. Yet, voters nowadays are often wooed and influenced by how someone looks or talks at a superficial level. TV plays a huge role in this.

National

Ex-National MP: Coup Attempt Could Cost Luxon the Election

I think it's going to greatly weaken National at the election. That's the view of a former senior National MP…

RMA Reform Still on Track Despite Wellington Drama — Feds

Despite political shenanigans in Wellington, farmers are confident that Resource Management Act (RMA) reforms will get over the line in…

Carrfields Marks 50 Years as Rural Health Programme Grows

Celebrating 50 years in the rural landscape of Central Canterbury and beyond, Ashburton-based Carrfields, has been the exemplar for all…

Timaru-Bred Bull Takes Out 2026 Mahoe Trophy

An LIC bull, Tronnoco AR Sadio-ET S3F, bred by Tony and Keri O'Connor of Tronnoco Farming Co Ltd near Timaru,…

Ballance Urges Farmers to Plan Ahead for El Niño

With forecasters advising El Niño conditions will develop through winter and strengthen into spring and summer, Ballance Agri-Nutrients is encouraging…