Wednesday, 22 May 2019 07:36

GDT price index golden run ends

Written by 

After eleven consecutive rises, the Global Dairy Trade (GDT) price index dropped in the overnight auction.

The GDT price index dropped 1.2% over the previous auction to US$3414/metric tonne; the last drop was in November 2018.

Whole milk powder price index was also down 2.1% to US$3180/MT.

Butter also suffered a 3.2% swing, with the average price at US$5297/MT.

Key results

AMF index down 1.4%, average price US$6,140/MT

Butter index down 3.2%, average price US$5,297/MT

BMP not offered

Ched index up 15.2%, average price US$4,851/MT

LAC index up 0.6%, average price US$893/MT

RenCas index up 5.1%, average price US$6,916/MT

SMP index up 0.5%, average price US$2,529/MT

SWP index not available, average price not available

WMP index down 2.1%, average price US$3,180/MT

More like this

Featured

A Year of Delivery for Fonterra

Fonterra’s 2026 financial year was a year of delivery, with record volumes of milk collected, processed and shipped by the co-op.

Editorial: Common Sense Prevails

OPINION: The Government's decision to reinstate agriculture and horticultural science as a standalone subject from Year 11 is the right one.

Miriam Lauridsen on Farm Health and Safety Culture

When dairy manager Miriam Lauridsen learned the farm, she was joining held weekly health and safety meetings, she initially thought that was “a bit over the top”. Experiencing that culture changed her mind.

National

Machinery & Products

» Latest Print Issues Online

Milking It

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter