Latest indicator on Global Dairy prices is below.
Makes Australian farmgate milk prices look very very expensive. BFC price locked in until June 2024?? Yes?
NZ milk is much cheaper.
Roger Sexton after 6 years of your wisdom where does BFC go next because it's not to profits and hard to see a suitor making an approach.
A vulture Hedge Fund possibly but to what end?? BFC milk can leave at any point.
Time Roger, time
Event Results
Global Dairy Trade Event 337 concluded with the GDT Price Index down 4.3%
Key Results
AMF index down 0.5%, average price US$4,705/MT
Butter index down 0.7%, average price US$4,680/MT
BMP index up 9.9%, average price US$2,207/MT
Ched index down 1.4%, average price US$3,910/MT
LAC not offered
SMP index down 1.4%, average price US$2,454/MT
SWP not offered
WMP index down 8.0%, average price US$2,864/MTFull results have been published on www.globaldairytrade.info.
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