fbpx
Print this page
Wednesday, 08 September 2021 08:34

Solid gains in milk powder prices

Written by  Sudesh Kissun
The whole milk powder price 3.3% at last night's GDT auction. The whole milk powder price 3.3% at last night's GDT auction.

Dairy prices on the overnight Global Dairy Trade (GDT) auction recorded their biggest gains in six months.

The GDT price index rose 4%, its biggest jump since March when it soared 15%.

Whole milk powder price rose 3.3% to US$3691/metric tonne, its biggest rise since gaining 21% in March.

Skim milk powder also recorded a big jump; rising 7.3% to US$3274/MT.

Key Results

AMF index up 3.1%, average price US$5,970/MT
Butter index up 3.7%, average price US$4,948/MT
BMP index up 3.0%, average price US$3,287/MT
Ched index up 3.6%, average price US$4,328/MT
LAC index up 6.4%, average price US$1,167/MT
SMP index up 7.3%, average price US$3,274/MT
SWP not offered
WMP index up 3.3%, average price US$3,691/MT

More like this

Popular Reads

Featured

How Wearable Tech Powers This 1,850-Cow Dairy Farm

How Wearable Tech Powers This 1,850-Cow Dairy Farm

For Canterbury dairy farmers Sian Meijer and Rick Wobben, wearable technology has become one of their most valuable on-farm tools - helping manage 1850 cows across an expansive, high-performing dairy operation while improving efficiency, mating outcomes and day-to-day decision making.

New Dairy Welfare Code Released, Takes Effect 2027

The first major update to the Dairy Cattle Code of Welfare in more than a decade has been released, marking what DairyNZ describes as an important step in ensuring animal welfare standards continue to evolve alongside scientific evidence and on-farm realities.

Federated Farmers Welcomes RMA Replacement Passing

Federated Farmers says new legislation replacing the Resource Management Act will cut red tape, unlock investment and help grow New Zealand's export-led economy, after the Planning Bill and Natural Environment Bill passed their third reading in Parliament yesterday.

National

Machinery & Products