Print this page
Wednesday, 08 December 2021 07:58

WMP prices break US$4000/MT mark

Written by  Sudesh Kissun
The WMP price has broken the $4000/metric tonne mark for the first time in six months. The WMP price has broken the $4000/metric tonne mark for the first time in six months.

Whole milk powder (WMP) prices have broken the US$4000/metric tonne mark for the first time in six months.

In the overnight Global Dairy Trade (GDT) auction, WMP prices rose 0.6% to $4008/MT.

WMP prices have never floated above the $4000/MT mark in the last five years- bar three months earlier this year. In March this year, prices shot up a whopping 21% to $4364/MT before settling below $4000 by mid-June.

All products offered on GDT auction overnight recorded price increases. The GDT price index rose 1.4%.

Key Results

AMF index up 3.0%, average price US$6,668/MT
Butter index up 4.6%, average price US$5,791/MT
BMP index up 2.9%, average price US$3,620/MT
Ched index up 1.0%, average price US$5,220/MT
LAC index up 3.5%, average price US$1,339/MT
SMP index up 1.3%, average price US$3,721/MT
SWP index not available, average price not available
WMP index up 0.6%, average price US$4,008/MT

More like this

China lockdowns hit dairy demand

Covid restrictions in China are likely to slightly dampen milk powder imports into that country, according to Stefan Vogel, Rabobank research general manager for Australia and New Zealand.

WMP prices hit 'tipping point'

The country's second largest milk processor believes the tipping point for whole milk powder (WMP) pricing has been reached.


Battle of wearables

It was the battle of the wearables at the recent Lincoln University Demonstration Dairy Farm Focus Day with presentations of…

Who dares wins

In a move that reminded everyone of the SAS motto, 'Who dares wins', Prime Minister Jacinda Ardern, Agriculture Minister Damien…

Machinery & Products

India boosts fert subsidy

India plans to double its budgeted 2021-22 fertiliser subsidies to a record of more than 1.55 trillion rupees (US$20.64 billion)…

Kicking lameness into touch

Lameness in dairy cows can have a significant effect on a businesses' bottom line, with vets suggesting that each case…

Single row concept delivers results

While Controlled Traffic Farming (CTF) has become increasingly popular over the last decade, German company Amazone is looking to take…