News

UFU milk price index

Ulster Farmers’ Union milk price index (MPI) – 33.42ppl (was 33.87ppl): Increased milk production in New Zealand attributed to a 3.3% fall in the GDT auction on Tuesday. Bearish sentiments in dairy markets reflected by fall in prices for all ZuivelNL dairy products this week, traders are in holiday mode; buyers have orders covered and sellers are trying to sell what they can before trading slows down to a standstill in July and August.