Dairy

UFU milk price index

Ulster Farmers’ Union – dairy cows at Greenmout Agricultural College. Picture: Cliff Donaldson

UFU MPI: 41.83 (was 42.61) The New Zealand GDT event finished down 0.6% on the previous, with cheddar, skimmed milk powder and whole milk powder all down. Cheddar was down 3.4% from $5,025 to $4,862, skimmed milk powder was down 2.5% from $2,835 to $2,754 and Whole Milk Powder was down 0.2% from $4,169 to finish at $4,153. Butter was up 2.2% from $7,222 to $7,378.

On the Dutch (ZuivelNL) market fresh butter was down €70/T from €7,130 to €7,060 and skimmed milk powder (food) was down €10/T from €2,500 to €2,490. Whole milk powder, Skimmed Milk Powder (feed) and whey powder all remained stable. Whole milk powder remained at €4,300/T, skimmed milk powder (feed) remained stable at €2,450/T and whey powder remained at €910/T.