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UFU MPI
Friday, 6 December, 2019
UFU Latest MPI
Friday 6th December 2019
UFU MPI: 30.05ppl (was 29.80ppl) - €30/tonne increase for both whole (WMP) and skimmed milk powders (SMP) in the Netherlands and also gains for the same products at the GDT event in New Zealand. UFU MPI at its highest since October 2017 and this despite pound sterling reaching a 31-month high against euro and its highest level against the US dollar for over six months.
Friday 22nd November 2019
UFU MPI: 29.80ppl (up from 28.94ppl): GDT in New Zealand this week up by 1.8%, the fifth consecutive increase in the all product index. Closer to home, SMP continues to rise, with both feed and food grades up by €40/tonne. This is having a positive impact upon mozzarella prices.
Friday 8th November 2019
UFU MPI: 28.94ppl (up from 28.48ppl) – Market sentiment continues to grow, with all dairy commodity prices rising in the Netherlands this week with butter and whey up €30/tonne. Powders are also rising and this was also reflected in the GDT auction in New Zealand where a 3.7% increase in the All Product Index was spurred on by a 3.4% rise for WMP (now $3254/tonne) and 6.7% jump for SMP ($2924/tonne).
Friday 18th October 2019
UFU MPI: 28.48ppl – Dairy commodity prices continue to strengthen. For the second week in a row, every dairy commodity in the ZuivelNL Dutch trade increased in value. However, the strength of sterling has impacted upon the indicator. Sterling has reached a 21-week high against the euro, gaining almost 3.55% since the last MPI calculation a fortnight ago.
