Dairy

UFU milk price index

UFU MPI: 41.12 (was 41.00) – The New Zealand GDT Event finished up 1.1% overall on the previous. Butter and whole milk powder were down, butter was down 1.2% from $7,667 to $7,602. Whole milk powder was down 0.1% to finish at $4,062. Both cheddar and skimmed milk powder were up. Cheddar was up 1.7% from $4,976 to $5,018. Skimmed milk powder was up 5.9% from $2,729 to $2,876.

On the Dutch (ZuivelNL) market fresh butter was down €100/T from €7,500 to €7,400. Skimmed milk powder (Food) was down €10/T from €2,430 to €2,420. Whey powder was down €10/T to finish at €880. Both whole milk powder and skimmed milk powder (Feed) remained stable at €4,380 and €2,440 respectively.