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Positive Movement in Global Dairy Trade Auction

18 December 2015

GLOBAL - This week's Global Dairy Trade (GDT) auction showed a 1.9 per cent increase in the GDT price index from the previous event.

The average price resulting from the auction was $2,458 USD/MT, FAS.

Skim Milk Powder prices rose by 0.2 per cent, whilst Whole Milk Powder had a better performance, with a rise of 1.8 per cent.

Butter prices rose by 9 per cent, and cheddar prices by 1.1 per cent.

The last auction, on 1 December, had a rise of 3.6 per cent in the GDT price index, which followed three events of price declines.

TheCattleSite News Desk


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