UFU MPI: 41.12 (was 40.91) – The New Zealand GDT event finished up +4.8%. Butter, whole milk powder, cheddar and skimmed milk powder were all up. Butter was up 8.3% to $6,990, whole milk powder was up 4.4% to $3,713, cheddar was up 4% to $4,973 and skimmed milk powder was up 4% to $2,850. On the Dutch (ZuivelNL) market fresh butter was up €170/T to finish at €7,650/T and skimmed milk powder (Food) was up €70/T to finish at €2,550/T. Whole milk powder and whey powder remained stable at €4,190/T and €850/T respectively.
