Dairy cows on William Irvine’s farm. Picture: Cliff Donaldson
UFU MPI: 31.41 ( was 32.85)
The New Zealand Global Dairy Trade (GDT) event finished down 4.9% overall on the previous. With butter, cheddar, skimmed milk powder and whole milk powder all down. Butter was down 5.0% to finish at $5,336.Cheddar was down 12.3% to finish at $3,900.
Skimmed milk powder was down 7.0% to finish at $3,135. Whole milk powder finished at $3,425 down 4.4% on the previous.
On the Dutch (ZuivelNL) Market fresh butter was up, whilst whole milk powder, skimmed milk powder (food), skimmed milk powder (feed) and whey powder all remained stable.
Fresh butter was up €70/T to finish at €3,820. Whole milk powder remained stable at €3,080/T, skimmed milk powder (food) remained stable at €2,690/T, skimmed milk powder (feed) remained stable at €2,450/T and whey powder remained stable at €1,300/T.
