Wednesday, 06 November 2019 08:18

Dairy price boost

Written by  Staff Reporters

Global dairy prices got a boost in the overnight Global Dairy Trade (GDT) auction.

The GDT price index rose 3.7% over the previous auction, its biggest jump since February this year.

Fonterra’s key product whole milk powder enjoyed a 3.6% lift in price to US$3254/MT.

Skim milk powder also recorded a sharp rise; up 6.7% to US$2942/MT.

Key Results

AMF index up 2.6%, average price US$5,191/MT

Butter index up 0.2%, average price US$4,117/MT

BMP index up 5.4%, average price US$2,786/MT

Ched index down 0.6%, average price US$3,609/MT

LAC index down 1.9%, average price US$768/MT

RenCas index up 5.1%, average price US$7,274/MT

SMP index up 6.7%, average price US$2,924/MT

SWP index not available, average price not available

WMP index up 3.6%, average price US$3,254/MT

More like this

Dairy prices rise

The second Global Dairy Trade (GDT) auction of the year has delivered another positive result.

Dairy prices tumble

Global dairy prices have recorded one of their biggest drops on the Global Dairy Trade (GDT) platform.



Zespri opens new head office

Zespri last week officially opened its Mount Maunganui head office as part of the kiwifruit industry’s marquee Momentum 2020 conference.

» The RNG Weather Report

» Latest Print Issues Online

Milking It

Apocalypse cows

UK farmers are up in arms over claims made in a TV documentary Apocalypse Cow: How Meat Killed the Planet.

Life saving cows

Research on a herd of cows in southwest Scotland could play a part in helping humans live longer and healthier…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter