News

UFU MPI

Ulster Farmers’ Union milk price index: 40.54 (was 41.12) The New Zealand GDT event finished up 1.6% overall on the previous. Butter and whole milk powder were up whilst cheddar and skimmed milk powder were down. Butter rose 1.5% to finish at $7,679, whole milk powder rose 2.8% to finish at $4,171, cheddar was down 1.8% to finish at $4,923 and skimmed milk powder was down 2.3% to finish at $2,795.

On the Dutch (ZuivelNL) market fresh butter, whole milk powder, skimmed milk powder (food) and whey powder all dropped back. Fresh butter was down €50/T from €7,300 to €7,250. Whole milk powder was down €80/T from €4,380 to €4,300. Skimmed milk powder (food) was down €40/T from €2,430 to €2,390. Whey powder was down €10/T to finish at €850 and skimmed milk powder (feed) remained stable at €2,450.