Dairy farmer profits to hit record levels in 2025
The profitability of dairy farmers is likely to increase in the coming year, accordign to the latest report by the Ministry for Primary Industries (MPI) on the outlook for the primary sector.
While milk powder (WMP) price index dropped 2.1% to $US$2883/MT.
Westpac’s IQ financial briefing notes that since April, WMP prices have fallen 13%.
The GDT Price Index was down 3.6% compared to the last auction.
Key results
AMF index down 6.9%, average price US$5,321/MT
Butter index down 8.5%, average price US$4,392/MT
BMP not offered
Ched index down 4.7%, average price US$3,484/MT
LAC index not available, average price US$914/MT
RenCas index up 2.8%, average price US$5,138/MT
SMP index down 1.3%, average price US$1,951/MT
SWP index not available, average price not available
WMP index down 2.1%, average price US$2,883/MT
