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Another Drop In Dairy Prices at Global Dairy Trade Auction

The Global Dairy Trade auction index in New Zealand declined for the second event in a row. The index declined 3.4 percent from the last event to $3,423 per ton. Declines in cheddar, butter, and butter milk powder were more than 10 percent, while rennet casein was only up slightly more than four percent.

AMF index down 5.7%, average price US$5,752/MT

Butter index down 10.3%, average price US$4,805/MT

BMP index down 10.1%, average price US$2,807/MT

Ched index down 14.0%, average price US$3,950/MT

LAC index up 0.4%, average price US$897/MT

RenCas index up 4.2%, average price US$7,201/MT

SMP index down 4.0%, average price US$2,436/MT

SWP index not available, average price not available

WMP index down 1.5%, average price US$3,138/MT

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