Global Dairy Trade Event 220 concluded with the GDT price index down 1.3%

At the Global Dairy Trade auction this Tuesday, 39,143t of product was sold to 149 winning bidders. Overall, the GDT was down 1.3%.

Key results

  • AMF index down 0.6%, average price US$5,294/MT.
  • Butter index down 0.1%, average price US$4,270/MT.
  • BMP not offered.
  • Ched index down 3.5%, average price US$3,503/MT.
  • LAC index down 0.3%, average price US$910/MT.
  • RenCas index up 1.7%, average price US$5,421/MT.
  • SMP index down 1.1%, average price US$1,980/MT.
  • SWP index not available, average price not available.
  • WMP index down 1.8%, average price US$2,768/MT.
  • Dairy prices

    Over the past week, most of the Irish dairy processors have announced milk prices for August. In the main, they held steady on the previous month.