GDT up 1.4% butter, cheese soar

The GDT Price Index increased 1.4 in the second GlobalDairyTrade auction of the year boosted by steep rises in the prices paid for butter and cheese.

GDT Trade Weighted Index Changes

 

 

gdt 22.1

The price of anhydrous milk fat increased 2.2%; butter soared 10.8%; butter milk was up by 3%; cheddar increased 10.4%; milk protein concentrate rose 7.2% rennet casein increased 4.2%; skim milk powder dropped .5% and whole milk powder eased up .1%.

 

 

 

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