Global dairy prices rebound after two-month decline
Global dairy prices have ended a two-month run of losses.
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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