The Global Dairy Trade dairy price index rose for the first time since May

On September 5, the Global Dairy Trade (GDT) dairy price index made a sharp turn and added 2.7%. This is the first growth in the last four months. At the same time, half of the presented items fell in price: – dry butter oil – by 6.5% – up to $2,215/ton; – dry skimmed milk – by 1.6% – up to $2,286/ton; - cheddar - by 0.6% - up to $4102/ton. The rest of the stock market dairy products increased in price: – dry whole milk – by 5.3% – up to $2,702/ton; – dehydrated milk fat – by 2.7% – up to $4,561/ton; – butter – by 1.1% – up to $4,588/ton. Lactose was not offered at this auction. In total, 37.7 thousand tons of dairy products were sold. 177 participants took part in the auction. The weighted average price for dairy ...