Dairy cows on William Irvine’s farm. Picture: Cliff Donaldson
UFU MPI: 38.77 (was 37.90ppl) – This New Zealand GDT event finished down 0.4% this week, led largely by a fall in whole milk powder down 2.5% to $3,396 and butter down 0.9% to $6,675. Skimmed milk powder, Cheddar and butter milk powder were all up +4.5% to $2,753 +0.9% to $4,324 and +8.4% to $3,024 respectively. On the Dutch (ZuivelNL) market butter was up €150 finishing at €7,950, whole milk powder remained stable at €4,280, skimmed milk powder rose €70/tonne to €2,530 and whey powder was up €40/ tonne finishing at €860/ tonne.
