Thursday, 07 February 2019 09:16

Big rise in dairy prices

Written by 
The overnight Global Dairy Trade saw the price index rise 6.7%. The overnight Global Dairy Trade saw the price index rise 6.7%.

Global dairy prices have seen one of their biggest jumps in recent years.

The overnight Global Dairy Trade (GDT) saw the price index rise 6.7%.

The whole milk powder index rose 8.4% to US$3027/metric tonne, the highest it has reached since May last year.

Key results

AMF index up 5.8%, average price US$5,579/MT

Butter index up 4.2%, average price US$4,445/MT

BMP index down 3.1%, average price US$3,158/MT

Ched index up 1.4%, average price US$3,565/MT

LAC index up 1.3%, average price US$1,035/MT

RenCas index up 10.9%, average price US$5,596/MT

SMP index up 3.9%, average price US$2,534/MT

SWP index not available, average price not available

WMP index up 8.4%, average price US$3,027/MT

 

More like this

Tight supply, solid demand

Whole milk powder, butter and cheese prices were the big drivers of the eighth bounce in a row for the Global Dairy Trade (GDT) last week, says Emma Higgins, Rabobank dairy analyst.

 
 

» Latest Print Issues Online

Milking It

Find me on Tudder

A Tinder-inspired app called Tudder is helping farmers to match their cattle with suitable mates — by swiping right on…

Cow toilet

A farm equipment manufacturer is developing a toilet for cattle and has revealed that cows can be trained to use…

 
 

» Connect with Dairy News