The Global Dairy Trade index in New Zealand continued its trend lower Tuesday, down 0.9 percent. Butter milk fat was down 7.5 percent, followed by declines in butter and lactose. Cheddar posted the only gain, up 0.5 percent.
MF index down 0.8%, average price US$5,654/MT
Butter index down 5.4%, average price US$4,690/MT
BMP index down 7.5%, average price US$3,810/MT
Ched index up 0.5%, average price US$4,324/MT
LAC index down 1.6%, average price US$1,236/MT
SMP index down 0.5%, average price US$3,415/MT
WMP index down 0.5%, average price US$4,062/MT
(T1, D1)
