Whole milk powder continues dream run on GDT

Last night’s Global Dairy Trade (GDT) auction saw the price index drop 0.5% compared to the previous auction after lifting for the first three auctions this year.

Whole milk powder price rose slightly. 0.3% to US$3246/metric tonne.

Butter rose 1.1% to US$5334/MT. Skim milk powder dipped 3% to US$1832/MT

WMP price rose for the fourth consecutive auction, rising from a year-low US$2755/MT on December 19 last year.

Key Results

AMF index down 1.9%, average price US$6,458/MT

Butter index up 1.1%, average price US$5,334/MT

BMP not offered

Ched index down 1.3%, average price US$3,686/MT

LAC index not available, average price not available

RenCas index up 0.7%, average price US$4,980/MT

SMP index down 3.0%, average price US$1,832/MT

WMP index up 0.3%, average price US$3,246/MT