fbpx
Print this page
Wednesday, 06 January 2021 08:57

Flying start to 2021

Written by  Sudesh Kissun
The first GDT auction for 2021 recorded a 3.9% rise in the price index. The first GDT auction for 2021 recorded a 3.9% rise in the price index.

It's a great start to 2021 for dairy farmers.

The Global Dairy Trade (GDT) overnight auction recorded a 3.9% rise in the price index.

Whole milk powder price, which determines Fonterra's milk price to farmer supplies, lifted 3.1% to US$3,306/metric tonne, sitting at its highest level in 12 months.

Key Results

AMF index up 5.5%, average price US$4,604/MT

Butter index up 7.2%, average price US$4,526/MT

BMP index up 6.9%, average price US$2,876/MT

Ched index up 5.0%, average price US$4,078/MT

LAC index up 7.4%, average price US$1,099/MT

SMP index up 4.1%, average price US$3,044/MT

SWP not offered

WMP index up 3.1%, average price US$3,306/MT

More like this

Fonterra R&D: Innovation needs more than just PhDs

Fonterra R&D: Innovation needs more than just PhDs

Common sense and good human judgement are still a key requirement for the super highly qualified staff working at one of New Zealand's largest and most important research facilities - Fonterra's R&D Centre at Palmerston North.

Misguided campaign

OPINION: Last week, Greenpeace lit up Fonterra's Auckland headquarters with 'messages from the common people' - that the sector is polluting the environment.

Popular Reads

Featured

Farmstrong marks 10 years of rural support

Farmstrong marks 10 years of rural support

Nationwide rural wellbeing programme, Farmstrong recently celebrated its tenth birthday at Fieldays with an event attended by ambassador Sam Whitelock, Farmers Mutual Group (FMG), Farmstrong partners, and government Ministers.

National

Machinery & Products

Farming smarter with technology

The National Fieldays is an annual fixture in the farming calendar: it draws in thousands of farmers, contractors, and industry…