Global Dairy Trade Event 315 concluded with the GDT Price Index up 4.9%.
Dairy co-operative Fonterra has announced that Chris Rowe will take on the role of acting chief financial officer.

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

Things are looking up for U.S dairy, with steady domestic demand and robust exports. Dairy farmers are responding with increased milk production.

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