Dairy cows on William Irvine’s farm. Picture: Cliff Donaldson
UFU MPI: 41.56 (was 40.54) – The New Zealand GDT Event finished up 4.6% overall on the previous. Butter, cheddar, skimmed milk powder and whole milk powder were all up. Butter rose 3.8% from $7,679 to $7,992. Cheddar rose 12% from $4,923 to $5,519. Skimmed milk powder rose 0.5% to finish at $2,828 and whole milk powder rose 6.2% from $4,171 to $4,374.
On the Dutch (ZuivelNL) Market fresh butter, whole milk powder and skimmed milk powder (food) all dropped back. Fresh butter was down €100/T from €7,300 to €7,200. Whole milk powder was down €80/T from €4,300 to €4,220. Skimmed milk powder (food) was down €20/T from €2,370 to €2,350. Skimmed milk powder (feed) and whey powder remained stable at €2,410/T and €840/T respectively.
