UFU MPI: 37.90 (was 36.99ppl) – This week’s New Zealand GDT event finished up +5.5%. Whole milk powder, butter and Skimmed milk powder were all up +7.2%, +3.7% and +4.0% respectively, while cheddar finished -0.2% Lower. There was much positivity on the Dutch (ZuivelNL) market. Butter was up €200 finishing at €7,550/tonne, whole milk powder rose €20/tonne to €4,080, skimmed milk powder rose €50/tonne to €2,430 and whey powder was up €50/tonne finishing at €740/tonne.
