Wednesday, 18 April 2018 09:07

Global dairy prices up

Written by Rural News Group

font size decrease font size increase font size
Print
Email

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

The GDT price index was up 2.7% compared to the previous auction.

Whole milk powder price rose 0.9% to US$3,311/MT; skim milk powder also rose, 3.6% to US$1913/MT.

Key Results

AMF index up 5.3%, average price US$6,120/MT

Butter index up 2.9%, average price US$5,654/MT

BMP not offered

Ched index up 4.6%, average price US$3,855/MT

LAC index up 14.8%, average price US$687/MT

RenCas index up 3.1%, average price US$5,792/MT

SMP index up 3.6%, average price US$1,913/MT

WMP index up 0.9%, average price US$3,311/MT

Featured

Trial shows benefits of spring nitrogen use

A landmark New Zealand trial has confirmed what many farmers have long suspected - that strategic spring nitrogen use not only boosts pasture growth but delivers measurable gains in lamb growth and ewe condition.

Eric Roy: Championing the pork industry

It was recently announced that former MP and Southland farmer Eric Roy has stepped down of New Zealand Pork after seven years. Leo Argent talks with Eric about his time at the organisation and what the future may hold.

Roadmap set to double hort exports by 2035

It's critical that the horticulture sector works together as part of a goal to double the sector’s exports by 2035.

RaboResearch sees positives in Alliance–Dawn Meats deal

RaboResearch, the research arm of specialist agriculture industry banker Rabobank, sees positives for the Alliance Group in its proposed majority-stake sale to Ireland's Dawn Meats.

ACT, farmers push for changes to Paris Agreement

The ACT Party's call for a better deal on the Paris Agreement on climate change is being backed by farmer organisations.

US tariffs boost NZ wool carpet export opportunity

A 50% tariff slapped by the US on goods from India last month has opened an opportunity for New Zealand wool carpets exports to North America.

National

Strong production, tested demand send milk prices crashing

Strong global milk production and rebalancing of demand among key buyers has delivered one of the biggest drops in whole…

ACC urges safety during spring calving

Dairy farmers around the country are into the busy spring calving period.

Rural NZ faces shift as copper network deregulation looms

Rural communities say support is required to shift away from the copper network that has been the only source of…

Chris Lewis ready for another term

After serving three as a DairyNZ director, Waikato farmer Chris Lewis is ready for another term.

DairyNZ announces 2026 milksolids levy vote dates

DairyNZ has announced the date for its six-yearly Milksolids Levy vote, which will take place from Monday, 16 February to…

Machinery & Products

Revamp for Valtra's A Series models

Valtra has recently announced upgrades to the fifth generation A Series, offered to the New Zealand market in the four…

JDLink Boost for NZ farms

Connectivity is widely recognised as one of the biggest challenges facing farmers, but it is now being overcome through the…

Pöttinger: From grassland machinery to global innovator

Formed in 1871, Austrian agricultural machinery manufacturer Pottinger originally focused on producing grassland machinery for a little over a century.

New generation Defender HD11

The all-new 2026 Can-Am Defender HD11 looks likely to raise the bar in the highly competitive side-by-side category.

Transpread launches compact single-axle pumping trailer

Umbilical pumping specialists Transpread have designed a compact, single-axled version of its Contractor trailer engine-driven pump system, offering reduced dimensions…

» Latest Print Issues Online

Visit archives

Global dairy prices up

More like this

Strong production, tested demand send milk prices crashing

Global dairy prices rebound after two-month decline

Middle East demand cushions global dairy price drop at latest GDT auction

Arla to offer European-sourced skim milk powder on GDT Pulse

$10.25/kgMS milk price now in play

Popular Reads

Two milk processing plants changing hands

Waikato dairy farmers enter 2025 regional council elections

Farmer anger over Joy's social media post

Fonterra consumer business sale price jumps to $4.22b

Open Country finalises acquisition of Miraka Limited

Featured

Trial shows benefits of spring nitrogen use

Eric Roy: Championing the pork industry

Roadmap set to double hort exports by 2035

RaboResearch sees positives in Alliance–Dawn Meats deal

ACT, farmers push for changes to Paris Agreement

US tariffs boost NZ wool carpet export opportunity

National

Strong production, tested demand send milk prices crashing

ACC urges safety during spring calving

Rural NZ faces shift as copper network deregulation looms

Chris Lewis ready for another term

DairyNZ announces 2026 milksolids levy vote dates

Machinery & Products

Revamp for Valtra's A Series models

JDLink Boost for NZ farms

Pöttinger: From grassland machinery to global innovator

New generation Defender HD11

Transpread launches compact single-axle pumping trailer

» Latest Print Issues Online

Milking It

Buttery prize

Gene Bill rumours

» eNewsletter

Global dairy prices up

More like this

» Latest Print Issues Online

» Connect with Dairy News

» eNewsletter