News

Global Dairy Trade index down on Tuesday

Anhydrous Milk Fat (Butter oil)
United States
Market & Price Trends
Cheddar Cheese
Published Nov 8, 2023

Tridge summary

The Global Trading Index decreased by 0.7% in Tuesday's trading session due to losses in butter and whole milk powder. However, there were gains in cheddar cheese, butter milk powder, anhydrous milk fat, skim milk powder, and lactose. Lactose saw the highest increase of 19.2% to $718 per metric ton.
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

Lactose was up 19.2% to $718 per metric ton, or $0.32 per pound. Cheddar cheese was up 4.5% to $4,042 a metric ton, or $1.83 per pound. Butter milk powder prices were up 3.5% to $2,323 per metric ton or $1.05 per pound. Anhydrous milk fat was up 3.1% to $5,489 per ton, or $2.48 per pound. Skim milk powder rose 2.3% to $2,724 per metric ton, or $1.23 per pound. Butter prices fell 1.6% to $4,890 per metric ton or $2.21 per pound. Whole milk powder was ...
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