UFU MPI: 36.99 (was 36.06ppl) – This week’s New Zealand GDT event finished up 0.5%. Whole milk powder and cheddar were both up 2.4% and 1.3% respectively, while skimmed milk powder finished 2.7% lower. There was much positivity on the Dutch (ZuivelNL) market. Butter was up €250 to finish at €7070/tonne, a high not seen since late 2022. Whole milk powder rose €100/tonne to €3960, while skimmed milk powder remained stable at €2330. Whey powder finished up €20 at €670/tonne.
