Global Dairy Trade Event 254 concluded with the GDT Price Index down 2.9%
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Fonterra Photo: 123RF

Key Results

AMF index down 5.5%, average price US$4,379/MT
Butter index down 3.9%, average price US$4,090/MT
BMP not offered
Ched index up 5.3%, average price US$4,526/MT
LAC index not available, average price US$822/MT
RenCas index down 0.9%, average price US$9,873/MT
SMP index down 2.6%, average price US$2,840/MT
SWP index not available, average price not available
WMP index down 2.6%, average price US$2,966/MT

The moods of many dairy producers have been boosted by the first quarter performance of their dairy. With significantly higher milk check prices year-over-year, most dairies are making profitable margins according to Trent Dado, independent dairy nutrition and management consultant with GPS Consulting.

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