Global dairy prices up

Written by Rural News Group

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Global dairy prices rose slightly in the overnight Global Dairy Trade (GDT) auction.

The GDT price index was up 2.7% compared to the previous auction.

Whole milk powder price rose 0.9% to US$3,311/MT; skim milk powder also rose, 3.6% to US$1913/MT.

Key Results

AMF index up 5.3%, average price US$6,120/MT

Butter index up 2.9%, average price US$5,654/MT

BMP not offered

Ched index up 4.6%, average price US$3,855/MT

LAC index up 14.8%, average price US$687/MT

RenCas index up 3.1%, average price US$5,792/MT

SMP index up 3.6%, average price US$1,913/MT

WMP index up 0.9%, average price US$3,311/MT

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