Dairy cows on William Irvine’s farm. Picture: Cliff Donaldson
UFU MPI: 40.85 (was 40.52) – The New Zealand GDT Event finished down 1% overall on the previous. Both butter and cheddar were up whilst skimmed milk powder and whole milk powder were both down. Butter rose 1.4% from $7,811 to $7,890. Cheddar rose 5.1% from $4,759 to $4,992. Skimmed milk powder fell 1.3% from $2,807 to $2,775 and whole milk powder fell 2.1% from $ 4,173 to $4,084.
On the Dutch (ZuivelNL) market both fresh butter and whole milk powder remained stable, skimmed milk powder (food), (feed) and whey powder all came back. Fresh butter remained at €7,400 and whole milk powder remained stable at €4,310. Skimmed milk powder (Food) fell €30/T from €2,460 to €2,430, skimmed milk powder (feed) fell €20/T from €2,450 to €2,430 and whey powder fell €10/T to finish at €800.
