MIlk price up .7% in GDT auction

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.

GDT Trade Weighted Index Changes

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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