The Global Dairy Trade (GDT) price index continues to rise, with a 2.3% increase at the latest auction held on 16 January compared with the event a fortnight ago.
Butter increased by 5.8% to €5,426/t, the largest proportional increase of any product traded.
It was followed by anhydrous milk fat, which rose by 4.3% to €5,368/t.
Mozzarella was the only product traded that decreased, falling by 3.3% to €3,520/t since the last GDT auction two weeks ago.
Whole milk powder increased by 1.7% to €3,081/t and skim milk powder rose 1.2% to €2,424/t.
Cheddar saw a slight 1% rise to €3,876, while lactose went up by 1.3% to €699.
The GDT index is the highest it has been since the trading event held on 21 February 2023.
Read more
GDT up, with butter and whole milk powder biggest winners
Dairy Trends: European prices dip but still ahead of GDT
Global Dairy Trade is a lot more than a fortnightly auction
The Global Dairy Trade (GDT) price index continues to rise, with a 2.3% increase at the latest auction held on 16 January compared with the event a fortnight ago.
Butter increased by 5.8% to €5,426/t, the largest proportional increase of any product traded.
It was followed by anhydrous milk fat, which rose by 4.3% to €5,368/t.
Mozzarella was the only product traded that decreased, falling by 3.3% to €3,520/t since the last GDT auction two weeks ago.
Whole milk powder increased by 1.7% to €3,081/t and skim milk powder rose 1.2% to €2,424/t.
Cheddar saw a slight 1% rise to €3,876, while lactose went up by 1.3% to €699.
The GDT index is the highest it has been since the trading event held on 21 February 2023.
Read more
GDT up, with butter and whole milk powder biggest winners
Dairy Trends: European prices dip but still ahead of GDT
Global Dairy Trade is a lot more than a fortnightly auction
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