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 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 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. ...
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