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The Global Dairy Trade (GDT) auction overnight delivered its third consecutive positive result.
Average prices were up 1.9% compared to the previous auction.
Whole milk powder prices lifted 2.2% to US$2829/metric tonne.
Key results
AMF index up 0.8%, average price US$3,993/MT
Butter index down 1.0%, average price US$3,597/MT
BMP not offered
Ched index up 1.4%, average price US$3,631/MT
LAC index up 0.4%, average price US$1,290/MT
SMP index up 3.1%, average price US$2,609/MT
SWP index not available, average price not available
WMP index up 2.2%, average price US$2,829/MT
OPINION: The time has come for the Government to back the organic sector.
Plan ahead and be patient. That’s the message to farmers and horticulturalists from the chairman of the NZ Agricultural Aviation Association, Kent Weir.
The industry is crying out for graduates with agricultural related degrees.
While GPS and guidance have become the norm and yield mapping and variable application continues to gain traction, most agricultural machinery manufacturers continue to expand their technology offerings, amalgamating the vast amounts of data being collected to streamline real-time and ongoing management decisions.
Supply chain problems, growing protectionism and a move to greater food security are some of the key challenges facing New Zealand exporters, according to our top trade negotiator, Vangelis Vitalis.
A spat within the ranks of the New Zealand Deer Farmers Association has resulted in the suspension of outspoken North Canterbury farmer Barry Cuttance.
