International milk prices increase by 4.6%

Published 2022년 1월 19일

Tridge summary

The average price at the Global Dairy Trade auction increased by 4.6% to $4,463/t. Prices rose for whole milk powder, butter, skimmed milk powder, Cheddar, and Anhydrous Milkfat. The traded quantity was slightly lower than the previous auction. The GDT Events platform has reached the 300th trading event, with over $30 billion in dairy products traded since its inception in 2008.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The average price across all products and periods at Global Dairy Trade this week rose 4.6% to $4,463/t. The Global Dairy Trade Price Index rose 64 points to 1,397 points. Prices increased for whole milk powder (+5.6% to $4,082/t), butter (+5.0% to $6,158/t), skimmed milk powder (+5.0% to $3,963/t), Cheddar (+1.1% to $5,546/t) and Anhydrous Milkfat (+0.6% to $6,720/t). Prices are not available for sweet whey powder and lactose. Buttermilk powder was not negotiated. At 30,644 t, the traded quantity was just below the level of the previous auction (30,685 t). The current price level was last reached in March 2014. (Image source: Global Dairy Trade) 300th anniversary The GDT Events platform has now reached the 300th trading event. Since it was founded in 2008, more than US$ 30 billion have been traded on this ...

Source: Top Agrar Online