GDT Index Falls; Butter and Cheddar remains strong
In the 17 June Global Dairy Trade (GDT) auction, the overall GDT Price Index fell 1.0%, settling at USD 4,389/tonne . Anhydrous Milkfat: Lost ground with a 1.3% price index decline, averaging USD 7,276/MT (€6,290). Butter: Strength continued, with a 1.4% index rise to USD 7,890/MT (€6,821). Cheddar Cheese: Notable increase of 5.1%, averaging USD 4,992/MT […]
GDT Dairy Prices Dip 0.9% in Season’s Final Auction
The Global Dairy Trade (GDT) auction on May 20, 2025, concluded the 2024/25 season with a 0.9% decline in the price index, signaling a cautious market sentiment. Cheddar cheese experienced a significant drop of 9.2%, settling at an average of US$5,007/MT, while lactose plummeted by 13.2% to US$1,398/MT. Whole milk powder, a key product influencing […]
Aavin milk procurement falls by four lakh litres per day
The peak of the summer season is yet to set in this year, but across the state, the daily milk procurement of Aavin has already witnessed a decline of 4 to 5 lakh litres. Besides heat stress among cattle — typically reported during April and May — affecting milk yield, factors such as private firms […]
GLOBAL DAIRY TRADE INDEX FALLS 2.3%
The Global Dairy Index fell 2.3% in Tuesday’s trading session. Prices for Cheddar cheese, buttermilk powder, lactose, and anhydrous milk fat rose while prices for skim and whole milk powder, butter, and Mozzarella cheese went down. Lactose prices rose 4.8% to $818 per metric ton or $0.37 per pound. Cheddar cheese was up 4% to […]