COVID-19 stories

Wednesday, 21 March 2018 09:26

Whole milk powder price holds

Written by 
Whole milk powder price holds

Global dairy prices dropped slightly overnight but the flagship whole milk powder price managed a slight increase.

The GDT price index dropped 1.2% compared to the previous auction.

However, whole milk powder price rose 0.1% to US$3226/metric tonne. Futures had earlier predicted a 2% fall in WMP.

Skim milk powder price fell sharply- by 8.6% to US$1887/MT. Butter price was unchanged.

Key results

AMF index unchanged, average price US$6,249/MT

Butter index unchanged, average price US$5,281/MT

BMP not offered

Ched index down 3.9%, average price US$3,609/MT

LAC index not available, average price US$590/MT

RenCas index down 2.9%, average price US$4,948/MT

SMP index down 8.6%, average price US$1,887/MT

WMP index up 0.1%, average price US$3,226/MT

More like this

Holy cow!

Last week's whopping rise in dairy prices is encouraging, but it’s too early to pop the champagne, say analysts.

back to top

Featured

Lindsay Farm raw milk recall

Lindsay Farm raw milk recall

Raw milk from Central Hawke’s Bay producers Lindsay Farm is being recalled after Campylobacterbacteria was found in some product.

 

Carcase collection impasse

Collection of dead calves from farms around the country has stopped with farmers and the recycling company blaming each other for the impasse.

Taking NAIT seriously

North Otago calf rearer Jared Ovens believes the Mycoplasma bovis outbreak has led to more farmers embracing animal traceability.

» The RNG Weather Report

» Latest Print Issues Online

dairynewscover
ruralnewscover
winegrowercover

Visit archives

Milking It

No hidden cameras

A court has ruled that hidden camera footage showing cows being beaten with a steel pipe is unlawful partially on…

Avo milk

You've heard of soy milk and almond milk……now’s time to meet Avocado milk.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter