UFU milk price index

Wed 12 Feb 2020 – Dairy cattle at Greenmount. Picture: Cliff Donaldson

UFU MPI: 35.47ppl (was 35.53ppl) – A quiet start to the year, with not much activity on the markets. GDT continued its upward trajectory, with all product index rising 2.3% at Tuesday’s event. Dutch dairy prices were relatively stable, but downward pressure on SMP prices (feed grade down €50/tonne to €2460) on the back of very low demand.