Dairy Fraud Risks Escalate in Q1 2025: FOODAKAI Index Flags Early Warning Signs
The FOODAKAI Global Food Fraud Index for Q1 2025 has identified a concerning uptick in dairy-related fraud incidents, signaling potential challenges ahead for the dairy industry. While the number of reported cases remains relatively low, the nature of these incidents—such as counterfeit butter and milk adulteration—suggests an early escalation that warrants immediate attention. Professor Chris […]
Global Dairy Trade price index moved up by 5.5%
In a significant development for the global dairy market, prices at today’s Global Dairy Trade (GDT) auction showed a notable increase, marking a positive shift after an extended period of decline. This rise in prices is seen as a relief for dairy producers worldwide who have been grappling with low returns amidst fluctuating demand and […]
Global Dairy Price Index Moved up slightly at GDT event
The Global Dairy Index is up slightly. Tuesday’s trading session saw the price index go up four-tenths of a percent with an average price of $3,837 per metric ton. Cheddar cheese, anhydrous milk fat, and butter prices were up, while Lactose, Mozzarella cheese, skim milk powder and whole milk powder prices went down. There were […]
International milk prices rose while volumes dropped at GDT
The GDT Price Index was up 4.6%, with an average selling price of $2,957 per metric ton. The index rose 2.7% at the previous auction held on Sept. 5, with an average selling price of $2,888, according to GDT Events. A total of 37,366 tons of dairy products were sold at the latest auction, down […]
Global Dairy Trade index up slightly at an average of 3610 USD per MT
The latest Global Dairy Trade (GDT) event has concluded with the GDT price index up 0.6%. The average price was $3,610/MT with 29,570MT of product sold at today’s (Tuesday, December 6) event. There were 118 winning bidders, out of a total of 156 participating bidders at the event, across 17 bidding rounds lasting two hours […]