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