Wednesday, 16 May 2018 08:58

Slight rise in WMP price

Written by Rural News Group

font size decrease font size increase font size
Print
Email

Whole milk powder price rose slightly in the overnight Global Dairy Trade auction.

Whole milk powder (WMP) price rose slightly in the overnight Global Dairy Trade (GDT) auction.

The 0.2% rise pushed WMP price to US$3226/metric tonne.

Skim milk powder rose 3%, reaching US$2047/MT.

The GDT price index was up 1.9% compared to the previous auction.

Key Results

AMF index up 5.8%, average price US$6,354/MT

Butter index up 2.4%, average price US$5,787/MT

BMP not offered

Ched index up 4.4%, average price US$4,205/MT

LAC index down 3.5%, average price US$687/MT

RenCas index down 6.1%, average price US$4,876/MT

SMP index up 3.0%, average price US$2,047/MT

SWP index not available, average price not available

WMP index up 0.2%, average price US$3,226/MT

Featured

Featherston to host annual booktown festival

The annual Featherston Booktown Karukatea Festival – a fusion of books and storytelling - celebrates its 10th anniversary this year.

Dairy greenhouse gas emissions fall by 1.6%

Emissions by dairy cattle decreased by 1.6% according to the latest NZ Greenhouse Gas Inventory report.

Tasman champs survive setback to win title

Tasman sharemilkers Warric and Rachel Johnson haven't let the 2006 milk payout crash put them out of business.

Labour criticizes government for stifling agricultural growth

Labour's agriculture spokesperson says the Government’s decisions are set to hamstring growth within the farming sector.

Bioactive whey protein shows promise in enhancing flu vaccine response

A recent clinical study has highlighted the potential for a bioactive whey protein to support immune responses to influenza vaccinations.

Contract milkers hit hard by drought crisis

Many contract milkers in badly drought affected regions around the country are coming under severe financial stress and farm owners are being urged to help them through a bad patch until the start of the new season.

National

Co-existence with genetic modification 'possible'

Co-existence of genetically modified (GM) and non-GM plants in New Zealand industries will be challenging, but is achievable, a review…

Finalists named for Fonterra Dairy Woman of the Year

Three farmers making contributions to the wider dairy sector have been chosen as this year’s finalists for the prestigious Fonterra…

Lame stories from a country vet

Everyone from experienced veterinarians and young professionals to the Wormwise programme and outstanding clinics have been recognised in this year’s…