Wednesday, 04 September 2019 10:27

Dairy prices dip slightly

Written by Rural News Group

font size decrease font size increase font size
Print
Email

Global dairy prices dipped slightly in the overnight Global Dairy Trade (GDT) auction.

The GDT price index was down 0.4% compared to the previous auction, with key product whole milk powder down 0.8%, SMP up 0.7%, and butter unchanged.

Key results

AMF index down 1.5%, average price US$4,988/MT

Butter index unchanged, average price US$4,029/MT

BMP index up 3.4%, average price US$2,476/MT

Ched index down 0.8%, average price US$3,827/MT

LAC index down 0.9%, average price US$729/MT

RenCas index up 4.6%, average price US$6,632/MT

SMP index up 0.7%, average price US$2,500/MT

SWP index not available, average price not available

WMP index down 0.8%, average price US$3,076/MT

Featured

Red Meat Exports Deliver $1.4bn in Tariff Savings Across EU, UK and US Quota Markets

Red meat exports to key quota markets enjoyed $1.4 billion in tariff savings in the 2024-25 financial year.

Remediation NZ Fined $71k Over Compost Site Odours

Remediation NZ (RNZ) has been fined more than $71,000 for discharging offensive odours described by neighbours as smelling like ‘faecal and pig effluent’ from its compositing site near Uruti in North Taranaki.

Bay of Plenty and Northland Orchards Named Finalists for Ahuwhenua Trophy

Two kiwifruit orchards in the Bay of Plenty and one in Northland are this year's finalists for the Ahuwhenua Trophy competition.

Dr John Roche Focuses on Reform, Emergency Readiness and Communication

The Government's chief science advisor, Dr John Roche says the key objective for the science sector in the coming year is bedding down the reforms which sees the merger of the previous entities.

Hawke’s Bay Apple Grower Taylor Corporation Reports Standout 2026 Season Boosting Industry Optimism

Hawke's Bay apple grower Taylor Corporation says a standout 2026 season, coming after a few difficult years, is boosting optimism among growers.

HortNZ Warns RMA Replacement Could Make Food Production Harder

Horticulture New Zealand (HortNZ) has added its perspective to numerous primary sector voices urging the Government to strengthen its draft legislation to replace the Resource Management Act (RMA).

National

Green Light for Fonterra's $3.2b Capital Return Scheme

Fonterra farmer shareholders have approved the mechanism for a $2/share capital return expected from the sale of its global consumer…

Alex Turnbull Appointed CEO of Yili Oceania Division

Former Fonterra executive Alex Turnbull has been appointed CEO to lead all five Yili Oceania Business Division companies in New Zealand.

Dedoncker Departs Fonterra After Mainland Group Sale

Fonterra executive René Dedoncker is leaving the co-operative later this year to lead Australian agribusiness Elders.

Organic plan generates strong farmer interest

Fonterra's plan to expand its organic programme to the South Island is being well received by farmers, the co-op says.

DairyNZ Levy Vote Underway as Chair Highlights Seven-Fold Return

Voting has started for the renewal of DairyNZ's milksolids levy.

Machinery & Products

Massey Ferguson 5M Series Gains Ground in NZ’s 95–145hp Utility Tractor Market

Since its official release to the New Zealand market in July 2025, the Massey Ferguson 5M Series has steadily solidified…

Claas Invests €3.3 Million in Metz Plant to Boost CEREX and CUBIX Baler Production

Following the €1.6 million investment in a prototype workshop in early 2025, Claas has invested an additional €3.3 million at…

Stihl unveils centennial MS 500i chainsaw

Most rural properties wouldn’t be without a chainsaw, so it’s fitting to celebrate the centenary of Andreas Stihl inventing the…

New Deutz-Fahr 5105 boosts power for Kiwi livestock farms

With ROPS tractors still being consistently popular in livestock operations, given their ease of use for hopping on and off…

John Deere showcases 130hp E-Power electric tractor prototype at Agritechnica

Easily missed on its expansive Agritechnica site, John Deere offered visitors to the bi-annual event, the first opportunity in Europe to…

» Latest Print Issues Online

Visit archives

Dairy prices dip slightly

More like this

Global Dairy Prices Surge with GDT Index Up 18% in 2026

Editorial: Morale booster

Global Dairy Trade Recovery Puts $9.50 Milk Price Within Reach

Global Dairy Trade prices surge, boosting New Zealand dairy farmers

Dairy prices defy ample supply as market momentum builds

Popular Reads

Environment Canterbury urges buyers to check wastewater systems on rural properties

Fonterra confirms timeline for Lactalis deal and $2-per-share capital return

Canterbury arable farmers face heavy losses after stormy January wreaks havoc

Northland Field Days promise unforgettable 40th anniversary Celebration

Formula goes sour

Featured

Red Meat Exports Deliver $1.4bn in Tariff Savings Across EU, UK and US Quota Markets

Remediation NZ Fined $71k Over Compost Site Odours

Bay of Plenty and Northland Orchards Named Finalists for Ahuwhenua Trophy

Dr John Roche Focuses on Reform, Emergency Readiness and Communication

Hawke’s Bay Apple Grower Taylor Corporation Reports Standout 2026 Season Boosting Industry Optimism

HortNZ Warns RMA Replacement Could Make Food Production Harder

National

Green Light for Fonterra's $3.2b Capital Return Scheme

Alex Turnbull Appointed CEO of Yili Oceania Division

Dedoncker Departs Fonterra After Mainland Group Sale

Organic plan generates strong farmer interest

DairyNZ Levy Vote Underway as Chair Highlights Seven-Fold Return

Machinery & Products

Massey Ferguson 5M Series Gains Ground in NZ’s 95–145hp Utility Tractor Market

Claas Invests €3.3 Million in Metz Plant to Boost CEREX and CUBIX Baler Production

Stihl unveils centennial MS 500i chainsaw

New Deutz-Fahr 5105 boosts power for Kiwi livestock farms

John Deere showcases 130hp E-Power electric tractor prototype at Agritechnica

» Latest Print Issues Online

Milking It

Disunity is death

Indian FTA

» eNewsletter

Dairy prices dip slightly

More like this

» Latest Print Issues Online

» Connect with Dairy News

» eNewsletter