fbpx
Print this page
Wednesday, 04 April 2018 08:42

Whole milk powder price up 1.6%

Written by 
Whole milk powder price rose 1.6%. Whole milk powder price rose 1.6%.

Global dairy prices eased slightly overnight, however whole milk powder price rose 1.6%.

The Global Dairy Trade (GDT) index dropped 0.6% compared to the previous event; pulled down by a 7% drop in anhydrous milk fat (AMF) price. Skim milk powder also slumped 1.8%.

However whole milk powder price is holding up; rising to US$3278/metric tonne.

Butter also rose, up 4% to nearly US$5500/MT.

Key results

AMF index down 7.0%, average price US$5,806/MT

Butter index up 4.1%, average price US$5,494/MT

BMP index up 1.0%, average price US$1,988/MT

Ched index up 2.2%, average price US$3,679/MT

LAC index up 1.1%, average price US$549/MT

RenCas index up 12.1%, average price US$5,668/MT

SMP index down 1.8%, average price US$1,849/MT

WMP index up 1.6%, average price US$3,278/MT

More like this

Popular Reads

Featured

Ballance Urges Farmers to Plan Ahead for El Niño

With forecasters advising El Niño conditions will develop through winter and strengthen into spring and summer, Ballance Agri-Nutrients is encouraging farmers and growers to think ahead about nutrient planning and be prepared to work around challenging weather conditions.

Why 'Fork to Farm' Beats Farm to Fork, Expert Says

In the past, much has been made of the concept of farm to fork, but an Australian expert in food science and marketing with experience in the dairy industry, Dr Angeline Achariya, says the reverse of this slogan is critical to win modern day consumers.

National

Machinery & Products