Wed 12 Feb 2020 – Dairy cattle at Greenmount. Picture: Cliff Donaldson
UFU MPI: 34.56 (was 34.29ppl) – This week’s New Zealand GDT returned a marginal increase of 0.1%. There was little change for milk powders, with skimmed milk powder showing no movement and whole milk powder up 0.4%. There was however a notable decrease for cheddar, down 8.4%. On the Dutch (ZuivelNL) market this week, there was positivity for most commodities. Butter returned further gain, up €130/tonne to €5980, as well as whole milk powder up €20/tonne to €5390. Skimmed milk powder was down €30/tonne to €2340, while whey powder finished with no movement at €630/tonne.
