Wednesday, 02 August 2017 10:24

WMP price up, GDT index down

Written by 
The GDT auction overnight saw the price index drop 1.6%. The GDT auction overnight saw the price index drop 1.6%.

The Global Dairy Trade (GDT) auction overnight saw the price index drop 1.6%.

While the flagship whole milk powder price rose 1.3%, butter fat prices fell heavily - anhydrous milk fat and butter were both down nearly 5% each.

Skim milk powder was down 3%.

But WMP is now priced at US$3155/tonne.

Key results

AMF index down 4.9%, average price US$6,289/MT

Butter index down 4.9%, average price US$5,747/MT

BMP index up 0.4%, average price US$2,198/MT

Ched index down 4.8%, average price US$3,932/MT

LAC index down 4.3%, average price US$787/MT

RenCas index down 4.4%, average price US$6,122/MT

SMP index down 3.0%, average price US$1,966/MT

WMP index up 1.3%, average price US$3,155/MT

More like this

Featured

National

Top ag scientist to advise PM

A highly experienced agricultural scientist with specialist knowledge of the dairy sector is the Prime Minister's new Chief Science Advisor.

Machinery & Products

Hose runner saves time and effort

Rakaia-based equipment manufacturer Pluck’s Engineering will soon start production of a new machine designed to simplify the deployment and retrieval…

» Latest Print Issues Online

Milking It

Science fiction

OPINION: Last week's announcement of Prime Minister’s new Science and Technology Advisory Council hasn’t gone down too well in the…

Bye bye Paris?

OPINION: At its recent annual general meeting, Federated Farmers’ Auckland province called for New Zealand to withdraw from the Paris…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter