GDT price up .6%

The trade weighted index went up .6% in this morning’s GlobalDdairyTrade auction.

This is the ninth increase in a row and follows two big increases.

GDT Trade Weighted Index Changes

GDT Trade Weighted Index Changes

gdt16.4

 

The price of anhydrous milk fat increased 5.9%; butter went up 6.8%; butter milk powder rose 1.3%; cheddar increased 3.4%; rennet casein was up by 7.2%; skim milk powder dropped 3.2%; and whole milk powder increased 2.4%.

 

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