The latest Global Dairy Trade shows a drop in the price of butter but a rise in the whole milk powder price.

The event for this week concluded with the GDT Price Index down 1.7%

The price of butter dipped 8.1% to €4,237/t, cheddar 3.3% to €3,076.38/t, skim milk powder increased 0.8% to €1,675.92/t and milk powder is up 1.5% to €2,543.40/t.

In addition, rennet casein is down 9.5%, to €3,937/t.