Milk Powder Prices Prop Up Farmgate Milk Price
Milk powder prices are keeping farmgate prices up, helping processors offset the dip in milk fat prices.
Whole milk powder price rose 0.1% to US$2958/MT; skim milk powder price index lifted 0.3% to US$1972/MT.
Key results
AMF index up 1.2%, average price US$5,709/MT
Butter index down 3.2%, average price US$4,802/MT
BMP index down 5.9%, average price US$2,441/MT
Ched index up 1.3%, average price US$3,663/MT
LAC index not available, average price not available
RenCas index up 8.0%, average price US$4,971/MT
SMP index down 0.3%, average price US$1,972/MT
SWP index not available, average price not available
WMP index up 0.1%, average price US$2,958/MT
