$8 final milk price likely
An $8/kgMS farm gate milk price is still on the cards with less than six weeks left to run this season.
The latest Global Dairy Trade (GDT) auction has delivered a mixed result.
The GDT price index was down 1.7% over the previous auction. However, whole milk powder price rose 1.5% to US$2973/MT.
Skim milk powder price also rose slightly, 0.8% to US$1959/MT.
Prices of other commodities dropped – butter was down 8% to US$4953/MT.
Key results
AMF index down 5.2%, average price US$5,629/MT
Butter index down 8.1%, average price US$4,953/MT
BMP index not available, average price US$2,225/MT
Ched index down 3.3%, average price US$3,596/MT
LAC index not available, average price not available
RenCas index down 9.5%, average price US$4,602/MT
SMP index up 0.8%, average price US$1,959/MT
SWP index not available, average price not available
WMP index up 1.5%, average price US$2,973/MT
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Beef + Lamb New Zealand chief executive for the past eight years, Sam McIvor is heading for new pastures at Ospri, which runs NZ’s integrated animal disease management and traceability service.
The world's largest wool scouring facility, WoolWorks Awatoto plant in Napier, is back operating at full capacity.
A year on and the problems created by Cyclones Hale and Gabrielle has largely dropped off the radar of media and politicians.
Feeling forgotten and in a fragile space financially and mentally.
Horticulture NZ chief executive Nadine Tunley will step down in August.