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A decrease in prices were seen right across the board at Tuesday's auction.
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At just under 13,000t this weeks GDT auction was the smallest in over 15 years writes Aidan Brennan.
It is the second consecutive rise in prices at the Global Dairy Trade.
Tuesday's Global Dairy Trade auction saw a strengthening of prices for most powders, but with butter taking another hit.
Shorter shelf-life cheeses may not be commanding a significant premium over cheddar, but they do have advantages, writes Aidan Brennan.
The 2.7% drop marks the second consecutive drop in the GDT price index this year.
There was no substantial change to dairy market prices this week, with powder prices remaining flat on the European market.
There was an 8.1% fall in the price of butter on the Global Dairy Trade auction this week, while European butter fell by €100/t.
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