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

National

Machinery & Products

New pick-up for Reiter R10 merger

Building on experience gained during 10 years of making mergers/ windrowers, Austrian company Reiter has announced the secondgeneration pick-up on…

» Latest Print Issues Online

Milking It

Remembering Bolger

OPINION: Is it now time for the country's top agricultural university to start thinking about a name change - something…

Time for action

OPINION: If David Seymour's much-trumpeted Ministry for Regulation wants a serious job they need look no further than reviewing the…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter