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FINWIRES

Quantity Sold at GDT Auction Exceeds 42,000 Metric Tonnes

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A total of 42,444 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) auction held on Tuesday, with supply ranging from 38,570 to 45,568 MT, according to data from the trading platform.

The average selling price for whole milk powder was $3,565 per MT, anhydrous milk fat averaged $5,739 per MT, and mozzarella and butter averaged at $3,992 per MT and $4,760 per MT, respectively.

Additionally, cheddar prices averaged $4,075 per MT, lactose averaged $1,794 per MT, and skim milk powder and butter milk powder averaged at $3,689 per MT and $4,549 per MT, respectively.

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