fbpx
Print this page
Wednesday, 06 January 2021 08:57

Flying start to 2021

Written by  Sudesh Kissun
The first GDT auction for 2021 recorded a 3.9% rise in the price index. The first GDT auction for 2021 recorded a 3.9% rise in the price index.

It's a great start to 2021 for dairy farmers.

The Global Dairy Trade (GDT) overnight auction recorded a 3.9% rise in the price index.

Whole milk powder price, which determines Fonterra's milk price to farmer supplies, lifted 3.1% to US$3,306/metric tonne, sitting at its highest level in 12 months.

Key Results

AMF index up 5.5%, average price US$4,604/MT

Butter index up 7.2%, average price US$4,526/MT

BMP index up 6.9%, average price US$2,876/MT

Ched index up 5.0%, average price US$4,078/MT

LAC index up 7.4%, average price US$1,099/MT

SMP index up 4.1%, average price US$3,044/MT

SWP not offered

WMP index up 3.1%, average price US$3,306/MT

More like this

Fonterra posts solid results

Fonterra has delivered a solid half-year result, thanks to higher margins and sales volumes across the co-op's diversified product and category mix.

Featured

Sheep drench resistance costly

Analysis by Dunedin-based Techion New Zealand shows the cost of undetected drench resistance in sheep has exploded to an estimated $98 million a year.

Dairy sheep and goat turmoil

Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.

Hurry up and slow down!

OPINION: We have good friends from way back who had lived in one of our major cities for many years.

National

Govt urged to reduce ETS units

The Climate Change Commission wants the new Government to reduce NZ Emissions Trading Scheme (ETS) auction volumes as son as…

Dairy sheep, goat woes mount

Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand…

Machinery & Products

All-terrain fert spreading mode

Effluent specialists the Samson Group have developed a new double unloading system to help optimise uphill and downhill organic fertiliser…

Can-Am showcases range

Based on industry data collected by the Motor Industry Association, Can-Am is the number one side-by-side manufacturer in New Zealand.