Wednesday, 19 September 2018 09:09

Dairy prices continue slide

Written by Rural News Group

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The GDT price index hasn’t seen a rise since May this year.

The fall in dairy prices is showing no signs of easing.

The Global Dairy Trade (GDT) price index hasn’t seen a rise since May this year.

The overnight GDT auction saw the price index fall 1.3% compared to the previous auction.

Whole milk powder price slid further, dropping 1.8% to US$2768/metric tonne.

Key results

AMF index down 0.6%, average price US$5,294/MT

Butter index down 0.1%, average price US$4,270/MT

BMP not offered

Ched index down 3.5%, average price US$3,503/MT

LAC index down 0.3%, average price US$910/MT

RenCas index up 1.7%, average price US$5,421/MT

SMP index down 1.1%, average price US$1,980/MT

SWP index not available, average price not available

WMP index down 1.8%, average price US$2,768/MT

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