Global Dairy Trade auction at Fonterra on Tuesday saw the average price of all products jump 10.4 percent from the previous auction. Rennet casein increased 1.2 percent; skim milk powder up 4.6 percent; anhydrous milk fat increases 4.9 percent; cheddar cheese was up 8.3 percent; butter up 9.6 percent; milk protein concentrate up 11 percent; butter milk powder was 14.3 percent higher than two weeks ago and whole milk powder jumped 18 percent from the last sale. The only thing that didn’t increase was lactose, there were no sales.
Cooperatives Working Together (CWT) has accepted 12 requests for export assistance from Dairy Farmers of America, Northwest Dairy Association (Darigold), Foremost Farms USA, Maryland & Virginia Milk Producers Cooperative Association, Michigan Milk Producers Association, United Dairymen of Arizona and Upstate Niagara Cooperative (O-AT-KA) to sell 6.360 million pounds of Cheddar and Monterey Jack cheese, 8.794 million pounds of butter and 85,980 pounds of whole milk powder (WMP) to customers in Asia, Europe, the Middle East, North Africa, Oceania and South America. The product will be delivered March through August 2013.
Year-to-date, CWT has assisted member cooperatives in selling 30.095 million pounds of cheese, 21.618 million pounds of butter and 218,258 pounds of whole milk powder to 24 countries on six continents.