Wednesday, 08 August 2018 10:03

No change in GDT price index

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The Global Dairy Trade (GDT) price index remains unchanged after the overnight auction.

Whole milk powder price rose 0.1% to US$2958/MT; skim milk powder price index lifted 0.3% to US$1972/MT.

Key results

AMF index up 1.2%, average price US$5,709/MT

Butter index down 3.2%, average price US$4,802/MT

BMP index down 5.9%, average price US$2,441/MT

Ched index up 1.3%, average price US$3,663/MT

LAC index not available, average price not available

RenCas index up 8.0%, average price US$4,971/MT

SMP index down 0.3%, average price US$1,972/MT

SWP index not available, average price not available

WMP index up 0.1%, average price US$2,958/MT

 

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Dairy prices tumble

Dairy prices have tumbled in the latest Global Dairy Trade (GDT) auction.

WMP price falls slightly, butter up

Dairy prices softened slightly again at last week’s Global Dairy Trade Event but results were again mixed, says Rabobank dairy analyst Emma Higgins. 

 
 

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