Global Dairy Trade price index decreased by 2.3%

Published 2024년 3월 5일

Tridge summary

The Global Dairy Trade (GDT) dairy price index experienced a 2.3% decrease on March 5, halting a six-session increase. Notable decreases were seen in the prices of dry skimmed milk, dry whole milk, butter, and mozzarella, while prices for lactose, cheddar, dry buttermilk, and dehydrated milk fat saw increases. The weighted average price for dairy products was $3,630 per ton. The next GDT auction is scheduled for March 19.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Global Dairy Trade (GDT) dairy price index continued to rise for six trading sessions in a row. But on March 5, this trend changed to a downward one: -2.3%. The price of the following stock exchange products decreased: – dry skimmed milk – by 5.2% – up to $2,640/ton; – dry whole milk – by 2.8% – up to $3,286/ton; – butter – by 1% – up to $6461/ton; ‒ mozzarella ‒ by 0.4% - up to $3945/ton. The remaining goods have increased in price: – lactose – by 4.8% – up to $818/ton; – cheddar – by 4% – up to $4,277/ton; ‒ dry buttermilk ‒ by 3.7% – up to $2,504/ton; - dehydrated milk fat - by 1.4% - up to $6637/ton. In total, 21.2 thousand tons of dairy products were sold. ...
Source: Agrotimes

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.