Wednesday, 08 January 2020 08:43

Dairy prices up

Written by  Staff Reporters

After a sharp decline last month, dairy prices rose 2.8% overall in the first auction of 2020.

The flagship product, whole milk powder rose 1.7%.

Westpac head of NZ strategy, Imre Speizer says the WMP rise was in line with futures market predictions.

Key Results

AMF index up 2.3%, average price US$4,929/MT

Butter index up 3.7%, average price US$4,029/MT

BMP index up 7.4%, average price US$3,040/MT

Ched index up 3.7%, average price US$4,015/MT

LAC index up 2.1%, average price US$798/MT

RenCas index up 8.6%, average price US$8,973/MT

SMP index up 5.4%, average price US$3,026/MT

SWP index not available, average price not available

WMP index up 1.7%, average price US$3,150/MT

Featured

National

Machinery & Products

» Latest Print Issues Online

Milking It

Dreams aren't plans

OPINION: Milking It reckons if you're National, looking at recent polls, the dream scenario is that the elusive economic recovery…

Fatberg

OPINION: Sydney has a $12 million milk disposal problem.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter