The Global Dairy Index experienced a 2.3% drop in its recent trading session. Despite the increase in prices for Cheddar cheese, buttermilk powder, lactose, and anhydrous milk fat, the index was dragged down by the decrease in prices for skim and whole milk powder, butter, and Mozzarella cheese. The trading session saw 21,235 metric tons of dairy products being moved across fourteen rounds of bidding, with 125 successful bidders.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
The Global Dairy Index fell 2.3% in Tuesday’s trading session. Prices for Cheddar cheese, buttermilk powder, lactose, and anhydrous milk fat rose while prices for skim and whole milk powder, butter, and Mozzarella cheese went down. Lactose prices rose 4.8% to $818 per metric ton or $0.37 per pound. Cheddar cheese was up 4% to $4,277 a metric ton, or $1.94 per pound. Buttermilk powder rose 3.7% to $2,504 per metric ton or $1.13 per pound. Anhydrous milk fat was up 1.4% to $6,637 per metric ton or $3.01 per pound. Mozzarella cheese prices were down four-tenths of a percent to $3,945 per metric ton or $1.78 per pound. Butter fell 1% to $6,461 per metric ton or $2.93 per pound. Whole milk powder prices dropped ...
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