Dairy cows on William Irvine’s farm. Picture: Cliff Donaldson
UFU MPI – 39.90 (was 39.79): The New Zealand GDT event finished down 0.3% overall on the previous. Butter, cheddar and skimmed milk powder were down whilst whole milk powder was up. Butter was down 1.0% finishing at $7,144 down from $7,214. Cheddar was down 0.5% from $4,575 to $4,548. Skimmed milk powder was down 1.8% from $2,805 to $2,756 and whole milk powder was up 0.3% from $4,012 to $4,036.
On the Dutch (ZuivelNL) market fresh butter and whole milk powder were back, skimmed milk powder (food) and whey powder were up, and skimmed milk powder (feed) remained stable. Fresh butter was back €40/T finishing at €6,960. Whole milk powder was back €20/T from €4,150 to €4,130. Skimmed milk powder (food) was up €10/T finishing at €2,350.
Whey powder was up €20/T from €870 to €890 and skimmed milk powder (feed) remained stable at €2,400.
