Dairy

UFU milk price index

UFU MPI: 36.06 (was 36.21ppl) – The New Zealand GDT event finished down 6.9% this week. Whole and skimmed milk powders were down 4.3% and 6.1% respectively as well as cheddar which finished down 6.9%. The Dutch (ZuivelNL) market reported mixed sentiment this week, with butter down €50/tonne as well as skimmed milk powder down €10/tonne, meanwhile whole and whey powders remained stable at €3760/tonne and €650/tonne respectively.