fbpx
Print this page
Wednesday, 07 October 2015 08:43

Dairy prices continue to soar

Written by 
Dairy prices continue to soar

The latest Global Dairy Trade (GDT) auction has delivered more good new for dairy farmers.

This morning's GDT price index rose 9.9%, its fourth consecutive rise.

More importantly, the average price of Fonterra's flagship commodity export - whole milk powder- rose 12.9% to US$2824/tonne.

Skim milk powder price rose 13.4% to US$2267/tone.

 

 

 

 

 

 

Full results

  • AMF index up 9.9%, average price US$3,763/MT
  • Butter index down 2.3%, average price US$3,037/MT
  • BMP index up 13.8%, average price US$1,945/MT
  • Ched index up 0.5%, average price US$3,234/MT
  • LAC index up 5.9%, average price US$524/MT
  • RenCas index up 4.0%, average price US$6,048/MT
  • SMP index up 13.4%, average price US$2,267/MT
  • WMP index up 12.9%, average price US$2,824/MT

 

More like this

Happy Days

OPINION: The good news keeps getting better for NZ dairy farmers.

Popular Reads

Featured

RSE Scheme Changes Coming - McClay

RSE Scheme Changes Coming - McClay

Agriculture Minister Todd McClay has admitted that a scheme bringing workers from Pacific nations to work on orchards has become too hard to navigate but says changes are coming.

Andy Macfarlane Joins AgriZeroNZ Board

Canterbury farmer Andy Macfarlane has been appointed to the board of AgriZeroNZ, the public-private partnership designed to accelerate the development and deployment of emissions reduction tools for New Zealand farmers.

National

Machinery & Products