Global Dairy Trade dairy price index lost 4.3%

On August 1, the Global Dairy Trade (GDT) dairy price index fell immediately by 4.3%. A sharper decrease this year was only in April (4.7%). At the same time, the price of dry butter rose significantly - by 9.9% - up to $2,207/ton. The rest of the presented exchange products fell in price: – dry whole milk – by 8% – up to $2,864/ton; – cheddar – by 1.4% – up to $3910/ton; – dry skimmed milk – by 1.4% – up to $2454/ton; – butter – by 0.7% – up to $4,680/ton; - dehydrated milk fat - by 0.5% - up to $4705/ton. Lactose was not offered at this auction. In total, 32.6 thousand tons of dairy products were sold. 157 participants took ...