Prices at the Global Dairy Trade were up 3.7% at Tuesday’s auction in New Zealand.
Skimmed milk powder (SMP) prices were up 6.7% to an average price of €2,639/t (US$2,924/t) and whole milk powder (WMP) prices were up 3.6% to an average of €2,937/t (US$3,254/t).
Butter prices were up marginally by 0.2% to an average of €3,716/t (US$4,117/t).
Key resultsAMF index up 2.6% – average price €4,685/t (US$5,191/t).Butter index up 0.2% – average price €3,716/t (US$4,117/t).BMP index up 5.4% – average price €2,515/t (US$2,786/t).Cheddar index down 0.6% – average price €3,257/t (US$3,609/t).LAC index down 1.9% – average price €693/t (US$768/t).RenCas index up 5.1% – average price €6,565/t (US$7,274/t).SMP index up 6.7% – average price €2,639/t (US$2,924/t).SWP index not available – average price not availableWMP index up 3.6% – average price €2,937/t (US$3,254/t).
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