Milk started the year with a negative international price globally

Dairy

Published Jan 5, 2023

Tridge summary

Last Tuesday, January 3, the first auction of the year 2023 of the Global Dairy Trade (GDT) platform was held, which, far from bringing good news in terms of improvements in the reference prices of milk, yielded negative results. , and not only in the general average of all dairy products, but in all the products operated in this first event of the new year. The final data indicates a drop in the average price of dairy products in the order of 2.3%, falling to US$ 3,365 per ton. Thus, the international reference market for powdered milk began 2023 with negative values in its prices. Within this framework, whole powdered milk fell 1.4% and skimmed milk 4.3%, leaving values of US$ 3,208 and US$ 2,838, respectively, in terms of price per ton.

Original content

Last Tuesday, January 3, the first auction of the year 2023 of the Global Dairy Trade (GDT) platform was held, which, far from bringing good news in terms of improvements in the reference prices of milk, yielded negative results. , and not only in the general average of all dairy products, but in all the products operated in this first event of the new year. The final data indicates a decrease in the average price of dairy products in the order of 2.3%, falling to US$ 3,365 per ton. Thus, the international reference market for powdered milk began 2023 with negative values in its prices. Within this framework, whole powdered milk fell 1.4% and skimmed milk 4.3%, leaving values of US$ 3,208 and US$ 2,838, respectively, in terms of price per ton. Powdered buttermilk is the ...

Source: ARabc