Dairy's golden run continues

Last night’s GDT event saw the price index rise 3%. Since November last year, the price index has gained over 20%.

GDT’s flagship products- whole milk powder prices continue to rise with last night’s auction recording a 4.3% lift to US$3615/metric tonne.

WMP prices are at levels not seen since December 2016, when it reached US$3593/MT.

Key Results

AMF index up 1.1%, average price US$5,527/MT

Butter index up 2.0%, average price US$5,129/MT

BMP not offered

Ched index up 2.4%, average price US$4,268/MT

LAC index up 0.4%, average price US$1,232/MT

SMP index up 0.3%, average price US$3,207/MT

SWP not offered

WMP index up 4.3%, average price US$3,615/MT