Wednesday, 06 June 2018 09:22

Dairy prices slip

Written by 
The GDT price index was down 1.3%. The GDT price index was down 1.3%.

The new season’s first Global Dairy Trade (GDT) event saw prices dip slightly.

The GDT price index was down 1.3%.

Whole milk powder price dropped 1.1% to US$3205/MT.

Butter price dropped 3.5% to US$5581/MT.

Key Results

AMF index down 1.7%, average price US$6,222/MT

Butter index down 3.5%, average price US$5,581/MT

BMP index up 17.7%, average price US$2,314/MT

Ched index down 3.6%, average price US$3,998/MT

LAC index up 3.9%, average price US$714/MT

RenCas index up 2.7%, average price US$5,015/MT

SMP index up 0.3%, average price US$2,051/MT

SWP index not available, average price not available

WMP index down 1.1%, average price US$3,205/MT

More like this

Editorial: Morale booster

OPINION: The first three Global Dairy Trade (GDT) auctions have been a morale booster for farmers.

Featured

National

Machinery & Products

» Latest Print Issues Online

Milking It

Too Lenient

OPINION: Reckless action by Greenpeace in 2024 forced Fonterra to shut down a drying plant for four hours, costing the co-op…

Fossil Fuel Crusade

OPINION: The global crusade against fossil fuel is gaining momentum in some regions.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter