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 […]