Saturday, 24 February, 2018

The latest UFU MPI is 27.01 pence per litre – Significantly Dutch (ZuivelNL) saw butter rise by €500/tonne this week, on the back of gains at GDT in previous weeks.  However, with latest GDT butter prices only up by 1.1% on Tuesday (Overall Product Index down 0.5%), prices not expected to rise to 2017 levels.  ZuivelNL WMP up €30/tonne and SMP down €10/tonne and all other products remained unchanged.