Small drop in milk price

The trade weighted index for GlobalDairy Trade’s latest auction dropped 1.1%

GDT Trade Weighted Index Changes

Results were:

    • WMP (Whole Milk Powder) up 0.1% to $3,863/MT
    • SMP (Skim Milk Powder) down 1.5% to $3,824/MT
    • AMF (Anhydrous Milk Fat) down 5.8% to $5,340/MT
    • RenCas (Rennet Casein) at $9,778/MT
    • MPC70 (Milk Protein Concentrate) at $6,113/MT

 This was the first time Casein and Milk Protein were offered at a GDT auction.

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