Dairy cows on William Irvine’s farm. Picture: Cliff Donaldson
UFU MPI: 40.52 (was 41.12) The New Zealand GDT event finished down 1.6% overall on the previous. Cheddar, skimmed milk powder and whole milk powder were all back. Butter remained stable at $7,811.Cheddar fell 4.2% from $5,007 to $4,759. Skimmed milk powder fell 1.1% from $2,817 to $2,807 and whole milk powder fell 3.7% from $4,332 to $4,173.
On the Dutch (ZuivelNL) market fresh butter, skimmed milk powder (food) and skimmed milk powder (feed) all rose, whilst whole milk powder remained stable and whey powder came back. Fresh butter was up €100/T from €7,300 to €7,400. Skimmed milk powder (food) was up €50/T from €2,390 to €2,440. Skimmed milk powder (feed) was up €10/T from €2,230 to €2,440. Whole milk powder remained stable at €4,250 and whey powder fell €20/T from €830 to €810.
