fbpx
Print this page
Wednesday, 18 January 2017 09:55

GDT prices rise slightly

Written by 
GDT prices rise slightly
GDT Global dairy prices were up slightly overnight, stemming two consecutive drops in the GDT price index.

The latest GDT event saw the price index up 0.6%.

The crucial whole milk powder price was down just 0.1% to US$3283/tonne.

Fonterra says WMP prices must remain above US$3000/t for a $6/kgMS payout to farmers.

Full results; AMF index up 3.7%, average price US$5,528/MT Butter index up 1.6%, average price US$4,382/MT BMP index down 10.1%, average price US$2,783/MT Ched index up 1.3%, average price US$3,940/MT LAC index down 1.7%, average price US$813/MT RenCas index up 4.9%, average price US$6,470/MT SMP index down 1.6%, average price US$2,612/MT WMP index down 0.1%, average price US$3,283/MT

More like this

Fonterra unveils divestment plan

Fonterra unveils divestment plan

Fonterra is exploring full or partial divestment options for its global Consumer business, as well as its integrated businesses Fonterra Oceania and Fonterra Sri Lanka.

Fonterra appoints new CFO

Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.

Popular Reads

Meat co-op dilemma

Meat processor Alliance Group's cash-strapped farmer shareholders face a dilemma - either pour more money into the co-operative or risk…

Featured

Feds make case for rural bank lending probe

Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.

National

MPI cuts 391 jobs

MPI cuts 391 jobs

The Ministry for Primary Industries (MPI) has informed staff it will cut 391 jobs following a consultation period.

Fonterra unveils divestment plan

Fonterra is exploring full or partial divestment options for its global Consumer business, as well as its integrated businesses Fonterra…

Machinery & Products

GPS in control

GPS in control

In a move that will make harvesting operations easier, particularly in odd-shaped paddocks, Kuhn has announced that GPS section control…