Ulster Farmers’ Union – dairy cows at Greenmout Agricultural College. Picture: Cliff Donaldson
UFU MPI: 39.91 (was 40.85) – The New Zealand GDT event finished down 4.1% overall on the previous, with butter, cheddar, skimmed milk powder and whole milk powder all down.Butter was down 4.3% from $7,890 to $7,522. Cheddar was down 2.8% from $4,992 to $4,860. Skimmed milk powder was down 1.7% from $2,775 to $2,718 and whole milk powder was down 5.1% from $4,084 to $3,859.
On the Dutch (ZuivelNL) market both fresh butter and skimmed milk powder (feed) were back. Whole milk powder, skimmed milk powder (food) and whey powder all remained stable. Fresh butter was back €20/T from €7,380 to €7,360 and skimmed milk powder (feed) was also back €20/T from €2,390 to €2,370. Whole milk powder remained stable at €4,280/T. Skimmed milk powder (food) remained stable at €2,380/T and whey powder remained stable at €800/T.
