Wednesday, 16 May 2018 08:58

Slight rise in WMP price

Written by 
Whole milk powder price rose slightly in the overnight Global Dairy Trade auction. Whole milk powder price rose slightly in the overnight Global Dairy Trade auction.

Whole milk powder (WMP) price rose slightly in the overnight Global Dairy Trade (GDT) auction.

The 0.2% rise pushed WMP price to US$3226/metric tonne.

Skim milk powder rose 3%, reaching US$2047/MT.

The GDT price index was up 1.9% compared to the previous auction.

Key Results

AMF index up 5.8%, average price US$6,354/MT

Butter index up 2.4%, average price US$5,787/MT

BMP not offered

Ched index up 4.4%, average price US$4,205/MT

LAC index down 3.5%, average price US$687/MT

RenCas index down 6.1%, average price US$4,876/MT

SMP index up 3.0%, average price US$2,047/MT

SWP index not available, average price not available

WMP index up 0.2%, average price US$3,226/MT

 

More like this

Weaker NZ dollar helps cushion dairy price drop

A weaker New Zealand dollar may help offset the decline in Global Dairy Trade prices, but the reasons behind the lower dollar are more significant to dairy, says Rabobank dairy analyst Emma Higgins.  

Dairy prices tumble

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

 
 

» Latest Print Issues Online

Milking It

Milk from the desert

How long does it take a country to build a dairy industry? One year, Qatar would answer.

Milk confusion

North Carolina legislators have made it clear: “If a drink doesn’t come from an animal with hooves, you can’t call…

 
 

» Connect with Dairy News