Prices fell across most commodities at the latest GDT Pulse event — except for Arla Medium Heat SMP, which gained on the prior Pulse event.

Fonterra regular WMP averaged US$3,595/t, down 1.8% from GDT #400 and –3.2% lower than the previous Pulse event. Fonterra instant WMP averaged US$3,705/t, down US$125/t from the previous Pulse auction. NZ MH SMP prices averaged US$3,310/t, falling 6.1% from the C2 price achieved at GDT #400. Arla’s MH SMP C2 price settled at US$3,250/t.

Fats declined compared to prices achieved at GDT #400, with C2 butter averaging US$6,685/t, down 4.2%, and AMF prices declining 4.3% to US$7,275/t.