World Dairy Prices Tick Up on GlobalDairy Trade Auction

USD1340-SpotlightPhoto-TradeData_01-01_(1)
USD1340-SpotlightPhoto-TradeData_01-01_(1)

World Dairy Prices Tick Up 1.9% in GlobalDairy Trade Auction

Aggregate world dairy prices ticked up 1.9% today on the biweekly GlobalDairy Trade auction from New Zealand. The aggregate price came in at $2,458 per metric ton, but on a low volume of trade.

This is the second auction in a row that prices increased, at least in the aggregate. Prices had been declining since early October, when they peaked at $2,834/ton. Nearly 24,888 metric tons were traded. This is the lowest volume of activity since mid June.

Butter jumped 9%, to $1.42/lb. Cheddar cheese was up 1.1%, to $1.30/lb., and skim milk powder was up 0.2% to 86¢/lb. That compares to U.S. prices of $2.07/lb. for butter, $1.44 for cheese and 79¢/lb. for butter.

You can view all the results here. 

Tags

Dairy - General Exports Milk Prices Archived Content
 

Latest News

Business
Seven Common Threads of Top-Producing Herds
Seven Common Threads of Top-Producing Herds

What are the common characteristics of top-producing herds that best the competition?

Maureen Hanson
Policy
APHIS To Require Electronic Animal ID for Certain Cattle and Bison
APHIS To Require Electronic Animal ID for Certain Cattle and Bison

APHIS issued its final rule on animal ID that has been in place since 2013, switching from solely visual tags to tags that are both electronically and visually readable for certain classes of cattle moving interstate.

Greg Henderson
Education
What Should You Financially Consider Before Investing in Technology?
What Should You Financially Consider Before Investing in Technology?

With financial challenges facing dairy farms, Curtis Gerrits with Compeer Financial, says it is essential for producers to evaluate how these technology investments impact their farm’s overall financial position.

Karen Bohnert
Business
Fairlife Forms New Partnership with Olympic Gold Medalist Katie Ledecky
Fairlife Forms New Partnership with Olympic Gold Medalist Katie Ledecky

The Katie Ledecky partnership with fairlife's Core Power will leverage her authentic recovery moments to help educate and inspire athletes of all levels around the importance of post-workout recovery.

Taylor Leach
Education
Simple Breathing Exercises for Farmers to Help with Anxiety and Stress
Simple Breathing Exercises for Farmers to Help with Anxiety and Stress

More and more people in the dairy community are struggling because they are overworked or overstressed, have trouble concentrating, feel fatigued, have trouble sleeping, have more headaches and so many other symptoms. 

Karen Bohnert
Education
Properly Prepared Beef Remains Safe; Meat Institute Calls For Guidance to Protect Workers at Beef Facilities
Properly Prepared Beef Remains Safe; Meat Institute Calls For Guidance to Protect Workers at Beef Facilities

The Meat Institute said properly prepared beef remains safe to eat and called for USDA and the CDC to provide worker safety guidance specific to beef processors to ensure workers are protected from infection.

North American Meat Institute
View More