Dairy cows on William Irvine’s farm. Picture: Cliff Donaldson
UFU MPI – 39.79 (was 39.97): The New Zealand GDT event finished up 0.7% overall on the previous, both butter and cheddar were down, skimmed milk powder and whole milk powder were up. Butter was down 3.8% finishing at $7,214 down from $7,492. Cheddar was down 0.6% from $4,589 to $4,575. Skimmed milk powder was up 0.4% from $2,785 to $2,805 and whole milk powder was up 2.1% from $3,928 to $4,012.
On the Dutch (ZuivelNL) market, fresh butter and whole milk powder were back, skimmed milk powder (Food), skimmed milk powder (Feed) and whey powder were all up.
Fresh butter was back €30/T finishing at €7,020. Whole milk powder was back €10/T from €4,160 to €4,150. Skimmed milk powder (Food) was up €40/T finishing at €2,340. Skimmed milk powder (Feed) was up €30/T from €2,370 to €2,400 and whey powder was up €30/T from €790 to €820.
