Wednesday, 08 December 2021 07:58

WMP prices break US$4000/MT mark

Written by  Sudesh Kissun
The WMP price has broken the $4000/metric tonne mark for the first time in six months. The WMP price has broken the $4000/metric tonne mark for the first time in six months.

Whole milk powder (WMP) prices have broken the US$4000/metric tonne mark for the first time in six months.

In the overnight Global Dairy Trade (GDT) auction, WMP prices rose 0.6% to $4008/MT.

WMP prices have never floated above the $4000/MT mark in the last five years- bar three months earlier this year. In March this year, prices shot up a whopping 21% to $4364/MT before settling below $4000 by mid-June.

All products offered on GDT auction overnight recorded price increases. The GDT price index rose 1.4%.

Key Results

AMF index up 3.0%, average price US$6,668/MT
Butter index up 4.6%, average price US$5,791/MT
BMP index up 2.9%, average price US$3,620/MT
Ched index up 1.0%, average price US$5,220/MT
LAC index up 3.5%, average price US$1,339/MT
SMP index up 1.3%, average price US$3,721/MT
SWP index not available, average price not available
WMP index up 0.6%, average price US$4,008/MT

More like this

Featured

Owl Farm marks 10 years as NZ’s first demonstration dairy farm

In 2015, the signing of a joint venture between St Peter's School, Cambridge, and Lincoln University saw the start of an exciting new chapter for Owl Farm as the first demonstration dairy farm in the North Island. Ten years on, the joint venture is still going strong.

National

Machinery & Products

New McHale terra drive axle option

Well-known for its Fusion baler wrapper combination, Irish manufacturer McHale has launched an interesting option at the recent Irish Ploughing…

Amazone unveils flagship spreader

With the price of fertiliser still significantly higher than 2024, there is an increased onus on ensuring its spread accurately at…

» Latest Print Issues Online

Milking It

The real emergency

The nutters of the green world, aided and abetted by the lamestream media, are rewriting the English language for the worse.

A very low road

OPINION: The self righteous activists at Greenpeace are copying the self-righteous lefties behind the ‘free Palestine’ movement – not surprising given…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter