meta 4.9% increase in dairy prices | The Bullvine
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4.9% increase in dairy prices

Wednesday, September 7th, 2022

Key Results:

AMF index up 13.9%, average price US$5,677/MT
 
Butter index up 3.3%, average price US$5,369/MT
 
BMP index down 5.1%, average price US$3,537/MT
 
Ched index up 1.0%, average price US$5,046/MT
 
SMP index up 1.5%, average price US$3,575/MT
 
WMP index up 5.1%, average price US$3,610/MT
 
Tuesday morning’s GDT auction concluded with the price index up 4.9%. This was slightly beneath what futures expectations were showing coming into today. Skim Milk Powder gained 1.4% to $1.62/lb. Whole Milk Powder added 5.6% to $1.64/lb. Cheddar Cheese was up 0.8% to $2.29/lb. Butter tacked on 3.2% to $2.44/lb.
(T7, D1)

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