fbpx
Print this page
Wednesday, 18 April 2018 09:07

Global dairy prices up

Written by 
Global dairy prices up

Global dairy prices rose slightly in the overnight Global Dairy Trade (GDT) auction.

The GDT price index was up 2.7% compared to the previous auction.

Whole milk powder price rose 0.9% to US$3,311/MT; skim milk powder also rose, 3.6% to US$1913/MT.

Key Results

AMF index up 5.3%, average price US$6,120/MT

Butter index up 2.9%, average price US$5,654/MT

BMP not offered

Ched index up 4.6%, average price US$3,855/MT

LAC index up 14.8%, average price US$687/MT

RenCas index up 3.1%, average price US$5,792/MT

SMP index up 3.6%, average price US$1,913/MT

WMP index up 0.9%, average price US$3,311/MT

More like this

Returns lift, costs down - DairyNZ

The outlook for dairy farmers this season has improved, especially when compared to forecasts only six months ago, according to DairyNZ.

Dairy demand on the rise

There is increasing evidence that dairy demand is on the upswing, according to Rabobank senior agricultural analyst Emma Higgins.

Popular Reads

Milk price certainty

Westland Milk has reaffirmed its commitment to pay farmer suppliers 10c above Fonterra farm gate milk price for the following…

Farmers fined for cattle abuse

A Waikato cattle farming family have been fined $23,000 for failing to provide sufficient food and care for their animals,…

Featured

McIvor moving to OSPRI

McIvor moving to OSPRI

Beef + Lamb New Zealand chief executive for the past eight years, Sam McIvor is heading for new pastures at Ospri, which runs NZ’s integrated animal disease management and traceability service.

Off the radar

A year on and the problems created by Cyclones Hale and Gabrielle has largely dropped off the radar of media and politicians.

National

Green but not much grass!

Green but not much grass!

Dairy farmers in the lower North Island are working on protecting next season, according to Federated Farmers dairy chair Richard…

Council lifeline for A&P Show

Christchurch City Council and the Canterbury Agricultural and Pastoral Association (CAPA) have signed an agreement which will open more of…

Struggling? Give us a call

ASB head of rural banking Aidan Gent is encouraging farmers to speak to their banks when they are struggling.

Machinery & Products

Tractor, harvester IT comes of age

Tractor, harvester IT comes of age

Over the last halfdecade, digital technology has appeared to be the “must-have” for tractor and machinery companies, who believe that…