Dairy prices fall – eDairyNews
New Zealand |4 noviembre, 2020

Dairy | Dairy prices fall

Global dairy prices have dipped for the first time six weeks.

After three successive Global Dairy Trade events recording increases in the price index, last night‘s auction saw a 2% drop.

A similar drop was also recorded in the price of whole milk powder, which Fonterra uses to set its milk payout. WMP price now sits at US$2985/MT.

Butter was the biggest gainer, rising 3.9% to US$3822/MT.

Full results

AMF index down 2.6%, average price US$4,002/MT

Butter index up 3.9%, average price US$3,822/MT

BMP index up 1.2%, average price US$2,617/MT

Ched index down 0.8%, average price US$3,786/MT

LAC index not available, average price not available

SMP index down 4.4%, average price US$2,722/MT

SWP index not available, average price not available

WMP index down 2.0%, average price US$2,985/MT

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