The trade-weighted price of dairy products increased .7% in this morning’s GlobalDairyTrade auction.
This is a reassuring trend after winter’s price drops.
Today’s results continue to keep the price above the long term average.
The price of anhydrous milk fat increased 1.2%, cheddar was up 12.4%; milk protein concentrate was down 1.8%; there was no change in the price for rennet casein; skim milk powder was down 1.7% and whole milk powder was down 1.9%.
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