UFU milk price index

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

UFU MPI: 35.19ppl (was 35.47ppl) – GDT all product index up 4.2% to $3571, with increases for cheddar to $4469/tonne (up 6.3%) and WMP up to $3463/tonne (up 3.4%). There was a slip last week in European butter and WMP prices with Dutch butter back €150/t to €5300 and WMP falling €100/t to €3550.  However, these prices stabilised this week.