Wednesday, 04 December 2019 08:40

Skim milk powder price up again

Written by  Staff Reporters

Global dairy prices have dipped slightly after consecutive rises in the Global Dairy Trade auction.

Last night’s auction delivered a 0.5% drop to the GDT price index.

However, whole milk powder was up 0.1% to US$3331/metric tonne.

Skim milk powder also continues its merry run, up 1.9% to US$3068/MT.

Key results

AMF index down 5.1%, average price US$4,840/MT

Butter index down 4.9%, average price US$3,983/MT

BMP index up 1.6%, average price US$2,846/MT

Ched index up 2.7%, average price US$3,797/MT

LAC index not available, average price US$779/MT

RenCas index up 4.9%, average price US$8,047/MT

SMP index up 1.9%, average price US$3,068/MT

SWP index not available, average price not available

WMP index up 0.1%, average price US$3,331/MT

More like this

Holy cow!

Last week's whopping rise in dairy prices is encouraging, but it’s too early to pop the champagne, say analysts.

Dairy prices rise

The Global Dairy Trade (GDT) auction overnight delivered its third consecutive positive result.

Milk price forecasting ‘tricky’

Rising milk production in the Americas and Europe, the COVID-19 pandemic and a strong NZ dollar are making it difficult for economists to forecast the 2020-21 milk price.

Featured

 

Limited feed puts ewes at risk

Severe feed shortages in parts of the country mean many ewes are on a nutritional knife-edge heading into lambing and could be at risk of developing metabolic disorders.

Jack’s unique solution

Jason Jack was left with severe spinal injuries after a wakeboarding accident when he was 29, but that hasn’t stopped him getting out and about in difficult environments.

National

$10 payout!

A small but select group of Fonterra farmers are on the cusp of setting a new milk payout record.

The migrant workers dilemma

Dairy farmers want more Kiwi workers, but they also want relaxed immigration restrictions. So, what's the problem?

Producing milk, the Miraka way

The goal of Māori-owned dairy company Miraka, near Taupo, is to become the most sustainable dairy company in the world.

Machinery & Products

Landpower invests in cow central

One of Australasia’s largest, privately-owned farm machinery distributors, Landpower is building a new $10 million complex adjacent to Hamilton Airport.

Maize moisture in a moment

With forage maize playing such an important part of the New Zealand fodder supply chain, a useful hand-held moisture measuring…

» The RNG Weather Report

» Latest Print Issues Online

Milking It

A ticking timebomb?

There could be another dairy health scare brewing in China and this one starts in our backyard.

Please explain

Does anyone in the Government understand the essential role St John Ambulance has in our society?

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter