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Global Dairy prices dip slightly

Wednesday, 4 September 2019 at 3:01pm

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

 

The GDT price index was down 0.4% compared to the previous auction, with key product whole milk powder down 0.8%, SMP up 0.7%, and butter unchanged.

 

Key results from the auction:

 

  • AMF index down 1.5%, average price US$4,988/MT
  • Butter index unchanged, average price US$4,029/MT
  • MP index up 3.4%, average price US$2,476/MT
  • Ched index down 0.8%, average price US$3,827/MT
  • LAC index down 0.9%, average price US$729/MT
  • RenCas index up 4.6%, average price US$6,632/MT
  • SMP index up 0.7%, average price US$2,500/MT
  • SWP index not available, average price not available
  • WMP index down 0.8%, average price US$3,076/MT