Milk price down 4%

What goes up can also go down and the price index dropped 4% in this morning’s GlobalDairyTrade auction.

 

gdt change

 

gdt 10 yrs

 

The price of anhydrous milk fat fell 3.5%; butter increased 3.9%; butter milk powder dropped 5.8%; cheddar increased .7%; milk protein concentrated dropped 3.3%; rennet casein increased 2.9%; skim milk powder dropped 3.9% and whole milk powder fell 5.7%.

gdt 4.3.14

 

 

 

 

 

 

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