Global Dairy Trade Event 329 concluded with a 4.7% decline in the GDT Price Index.
Fonterra: 4.7% drop in GDT

Global Dairy Trade: Sharing a New Dairy Price Quote from Fonterra:

AMF index down 7.2%, average price US$4,736/MT
Butter index down 3.3%, average price US$4,595/MT
BMP index down 3.3%, average price US$2,529/MT
Ched index up 3.8%, average price US$4,167/MT
SMP index down 2.5%, average price US$2,579/MT
WMP index down 5.2%, average price US$3,053/MT

A record farmgate milk price for Fonterra shareholders is all but confirmed for this season.

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