Dairy Week In Review

After the most recent trading event on May 19, the Global Dairy Trade
(GDT) Price Index rose 0.6 percent from the prior event and reported
an average winning price of $4,198 per metric ton (MT). The butter
GDT Price Index was up 2.5 percent from the prior auction’s price of
$5,525, landing at $5,674 per MT. Up 2.9 percent from the last trading
event, Mozzarella reached $4,127 per MT. Whole milk powder, skim
milk powder, and lactose also reported increases. Cheddar
experienced a 1.3 percent drop from the prior event to $4,560 per MT.
Anhydrous milk fat followed a similar path, falling 1.6 percent to $6,344
per MT.

Read The Full Report