Wed 12 Feb 2020 – Dairy cattle at Greenmount. Picture: Cliff Donaldson
UFU MPI: 30.24 (was 29.87)
The New Zealand GDT event finished up 6.3% overall when compared to the previous.
With butter, cheddar, skimmed milk powder and whole milk powder all up. butter was up 3.8% to finish at $5,206. Cheddar finished at $4,665 up 0.6%. Skimmed milk powder was up 5.4% finishing at $2,564 and whole milk powder finished at $3,407 up 7.2%.
On the Dutch (ZuivelNL) market whole milk powder, skimmed milk powder (food) and skimmed milk powder (feed) were all up, fresh butter and whey remained stable.
Fresh butter remained stable at €4,100. Whole milk powder was up €30/T to finish at €3,030. Skimmed milk powder (food) was up €40/T from €1,960 to €2,000. Skimmed milk powder (feed) was up €30/T to finish at €1,990 and whey powder remained stable at €1,010.
