Wednesday, 02 October 2019 11:30

Little change in GDT prices

Written by  Staff Reporters

The Global Dairy Trade (GDT) auction overnight saw little change in dairy prices.

The GDT price index rose 0.2% compared to the previous auction.

Whole milk powder price was down 0.2% and skim milk powder up 2.7%.

Key results

AMF index unchanged, average price US$4,997/MT

Butter index down 0.2%, average price US$4,125/MT

BMP index up 6.7%, average price US$2,670/MT

Ched index down 3.4%, average price US$3,717/MT

LAC index up 1.8%, average price US$784/MT

RenCas index up 0.7%, average price US$6,683/MT

SMP index up 2.7%, average price US$2,674/MT

SWP index not available, average price not available

WMP index down 0.2%, average price US$3,141/MT 

More like this

$10.25/kgMS milk price now in play

A significant rise in Global Dairy Trade (GDT) auction last week has prompted one bank to lift its forecast milk price for the season to above Fonterra's mid-point.

Featured

Editorial: No joking matter

OPINION: Sir Lockwood Smith has clearly and succinctly defined what academic freedom is all about, the boundaries around it and the responsibility that goes with this privilege.

DairyNZ plantain trials cut nitrate leaching by 26%

DairyNZ says its plantain programme continues to deliver promising results, with new data confirming that modest levels of plantain in pastures reduce nitrogen leaching, offering farmers a practical, science-backed tool to meet environmental goals.

All eyes on NZ milk supply

All eyes are on milk production in New Zealand and its impact on global dairy prices in the coming months.

National

Machinery & Products

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…

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.

» Latest Print Issues Online

Milking It

Building trust

OPINION: The war of words between Southland farmers and Environment Southland over winter grazing inspections reflects a deep lack of trust…

No Joy

OPINION: Milking It understands a formal disciplinary process is being conducted by Victoria University of Wellington on what one of…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter