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Dairy product price index drop by 0.6% in the latest Global Dairy Trade auction

Key figures to note include: AMF index up 3.6%, average price US$3,566/MT Butter index up 4.9%, average price US$2,940/MT BMP index down 2.5%, average price US$3,886/MT Ched index down 7.9%, average price US$3,453/MT LAC not offered RenCas index down 0.8%, average price US$9,601/MT SMP index down 12.0%, average price US$2,874/MT WMP index up...

GDT – Prices continue to fall

This week’s GDT auction saw prices crash once again with the overall trade-weighted index down another 8.4%, a drop of 40% so far this year (after last year’s 48% gain) and down 34% in the past 3 months. WMP was down 11.5% to US$2,725, SMP...