UFU MPI

Ulster Farmers’ Union milk price index: 39.26 (was 38.77) – The New Zealand GDT event finished up 0.8% on last week. Whole milk powder, skimmed milk powder and cheddar were all up +1.5%, +2.2% and 2.9% respectively, while butter finished -1.7% lower. There was much positivity on the Dutch (ZuivelNL) market. Butter rose €50/ tonne finishing at €8,100/ tonne, whole milk powder rose €30/tonne finishing at €4,380/ tonne. Skimmed milk powder food rose €30/ tonne finishing at €2,600 and whey finished at €890/ tonne an increase of €10/ tonne on last week.