Prices paid for milk in Fonterra’s globalDairyTrade auction slid list night for the seventh successive time.
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The trade weighted index dropped 2.1% though it is still above the long term average.
Whole milk powder was up 1.1% to US$3,345/MT; skim milk powder was down 6.2% to US$3,230/MT; anhydrous milk fat was down 11.2% to US$3,846/MT; butter milk powder was up .2% to US$2,985/MT; rennet casein was down 7.6% to US$8,828/MT; milk protein concentrate was up 6.7% to US$6,692/MT and cheese was up .6% to US$4,049/MT.
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