Market Takes The Scenic Route
ANZ agri economist Matt Dilly looks at the impressive run of global dairy prices this year.
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
DairyNZ Chair Tracy Brown has seen a lot of change since she first started out in the dairy sector, with around one-third of dairy farmers now women.
Castle Ridge Station has been named the Regional Supreme Winner at the Canterbury Ballance Farm Environment Awards.
The South Island Dairy Event has announced Jessica Findlay as the recipient of the BrightSIDE Scholarship Programme, recognising her commitment to furthering her education and future career in the New Zealand dairy industry.
New Zealand and Chile have signed a new arrangement designed to boost agricultural cooperation and drive sector success.
New DairyNZ research will help farmers mitigate the impacts of heat stress on herds in high-risk regions of the country.
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