Buyers Push Dairy Prices Higher as GDT Index Jumps 24%
Buyers trying to secure supply are keeping dairy prices at elevated levels.
The Global Dairy Trade (GDT) auction overnight delivered its third consecutive positive result.
Average prices were up 1.9% compared to the previous auction.
Whole milk powder prices lifted 2.2% to US$2829/metric tonne.
Key results
AMF index up 0.8%, average price US$3,993/MT
Butter index down 1.0%, average price US$3,597/MT
BMP not offered
Ched index up 1.4%, average price US$3,631/MT
LAC index up 0.4%, average price US$1,290/MT
SMP index up 3.1%, average price US$2,609/MT
SWP index not available, average price not available
WMP index up 2.2%, average price US$2,829/MT
Developing pasture species that enable farm animals to produce less biogenic methane and nitrous oxide is a critical tool in NZ's quest to reduce greenhouse gas emissions (GHGs).
DairyNZ chief executive Campbell Parker says the winners of this year’s New Zealand Dairy Industry Awards are leading the way in productivity, sustainability and profitability.
A dinner, debate and auction event with a difference held for the first time in 2025 is back by popular demand to celebrate the start of Fieldays 2026.
Federated Farmers has been urged to consider establishing a policy on artificial intelligence (AI).
As the Agri Women’s Development Trust (AWDT) begins the process of winding down, the organisation’s general manager Julia Jones says there’s still a place for its programmes within the industry.
Southland farmers staring down a May deadline to submit freshwater farm plans under current regional plan rules have been given an 18-month reprieve by the Government.
OPINION: Reckless action by Greenpeace in 2024 forced Fonterra to shut down a drying plant for four hours, costing the co-op…
OPINION: The global crusade against fossil fuel is gaining momentum in some regions.