Dairy cows on William Irvine’s farm. Picture: Cliff Donaldson
UFU MPI – 35.58 (was 37.70): The New Zealand GDT event finished down 1.6% overall compared to the previous. Butter, skimmed milk powder and whole milk powder were down whilst cheddar was up. Butter was down 3.0% to finish at $6,712 down from $6,892. Skimmed milk powder was down 0.5% from $2,615 to $2,599. Whole milk powder down 2.3% from $3,790 to $3,696. Cheddar was up 0.8% from $4,814 to $4,858.
On the Dutch (ZuivelNL) market fresh butter remained stable, whole milk powder, skimmed milk powder (food) and skimmed milk powder (feed) were all down. Whey powder was up. Fresh butter remained at €5,440/ T. Whole milk powder was back €10/T from €3,720 to €3,710. Skimmed milk powder (food) was back €50/T from €2,170 to €2,120. Skimmed milk powder (Feed) was back €20/T from €2,140 to €2,120 and whey powder was up €10/T from €900 to €910.
